Robot vacuum maker iRobot down on light Q4 guidance

By | October 21, 2015

Scalper1 News

Roomba robotic vacuum cleaner maker iRobot (IRBT) sucked up more profit than expected in the third quarter, but its sales were a tad lighter than views. It also lowered its guidance for the holiday sales quarter, disappointing investors. IRobot stock was near 31, down 2%, in morning trading on the stock market today, and it’s down more than 10% this year. Bedford, Mass.-based iRobot said late Tuesday that it had earned 42 cents a share in the Scalper1 News

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