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Tuesday, July 24, 2018

=iRobot (IRBT) reported earnings on Tue 24 July 2018 (a/h)



iRobot beats by $0.20, beats on revs; guides FY18 EPS in-line, revs in-line 
  • Reports Q2 (Jun) earnings of $0.37 per share, $0.20 better thanthe Capital IQ Consensus of $0.17; revenues rose 23.6% year/year to $226.3 mln vs the $219.71 mln Capital IQ Consensus.
  • Co issues in-line guidancefor FY18, sees EPS of $2.30-2.50 vs. $2.37 Capital IQ Consensus Estimate; sees FY18 revs of $1.06-1.08 bln vs. $1.07 bln Capital IQ Consensus Estimate.
    • previous guidance: EPS of $2.15-2.40 and revs of $1.05-1.08 bln
  • Co states, "EMEA and Japan saw significant year-over-year growth of 51% and 31%, respectively. EMEA growth was driven in part by the revenue uplift from our acquisition of our largest European distributor, which was closed at the beginning of Q4 2017. Shipments to support Q2 holidays in the United States drove domestic revenuegrowth of 15% over last year"

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