It has been about a month since the last earnings report for iRobot (IRBT) . Shares have lost about 8.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is iRobot due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. iRobot Incurs Narrower-Than-Expected Net Loss in Q1iRobo ...

Can its new CEO orchestrate a turnaround?Shares of autonomous vacuum cleaner company iRobot (IRBT 3.67%) were up 12.3% during May, according to data provided by S&P Global Market Intelligence. While that was enough to outpace the nearly 5% for the S&P 500, shareholders might still be disappointed with the final outcome of the month considering the stock was up more than 50% at one point.It's hard to pinpoint the biggest factor that sent iRobot up more than 50% in early May but it was possibly the news of it ...

Turnaround plays are risky options, although they do possess a lot of potential upside if they go well.When Amazon's deal to acquire iRobot (IRBT 3.12%) fell through earlier this year, it was as if the air was let out of the robot vacuum maker's stock. Almost in an instant, shares went over a cliff. The company has been struggling to gain traction ever since. Its sales have been declining, the business is struggling to stay out of the red, and cash burn is also a concern. After all of this, iRobot's stock i ...

Could this stock really have 200% upside?Warren Buffett is one of the greatest investors of all time but he's not stingy with his knowledge. On the contrary, he wants to be remembered as a teacher. And in 1988, he used his annual letter to shareholders of Berkshire Hathaway to educate investors on something called merger arbitrage.In short, merger arbitrage happens when a stock trades at a price that is lower than what another company has already agreed to pay in a takeover. The first question that Buffett ...

There are some key robotics stocks for investors to buy in May, amid the broader indices like the Nasdaq surging upwards. Some analysts expect the rally for tech stocks in general will continue.The robotics stocks to buy mentioned in this article are powerful names, and I believe they will continue to deliver strong gains to investors. Those who get in early will reap the rewards. Investing a substantial amount in these companies could lead to seven-figure returns later on, as the growth potential of these ...

iRobot got a meme-stock bump, but don't robotically follow the crowd and end up making a hasty choice.iRobot (IRBT -4.85%) stock has been a somewhat volatile investment option in the consumer goods space. The company is mainly known for one product line, the Roomba robotic vacuum cleaner. If iRobot sells a lot of Roombas, its investors clean up, so to speak. If they don't, iRobot's stock performance tends to suck, and not in a good vacuum-y way. Since mid-2021, it's been more of a sucking sound.But what do ...

iRobot Corporation (IRBT) reported first-quarter 2024 adjusted loss of $1.53 per share, narrower than the Zacks Consensus Estimate of a loss of $2.03. The reported figure compares favorably with the year-ago quarter’s net loss of $1.67.Revenue DetailsiRobot generated revenues of $150 million in the reported quarter, beating the Zacks Consensus Estimate of $139 million. On a year-over-year basis, revenues decreased 6.4% due to lower sales across all product categories.Sales derived from premium and mid-tier ...

The robotic cleaning device specialist reported first-quarter earnings Tuesday afternoon.iRobot (IRBT 11.88%) investors had a great Wednesday morning as shares gained 10.7% compared to a modest drop in the S&P 500. However, the consumer tech company, which specializes in robotic home cleaning devices, is still in deeply negative territory for the year. Its shares are down by more than 70% in 2024 so far, while the market is up 9%.Wednesday's boost came as investors became a little less pessimistic about iRo ...

财务数据和关键指标变化 - 公司Q1总收入为1.5亿美元,同比下降6% [11] - 毛利率为24.6%,同比提升0.9个百分点 [30] - 营业亏损为4000万美元,同比改善2200万美元 [31] - 每股净亏损为1.53美元 [31] - 公司Q1现金流为正1.4百万美元,但剔除亚马逊终止费用后为负 [34] - 公司Q1末现金余额为1.18亿美元,受限现金4.2亿美元 [34] - 公司Q1末存货为1.33亿美元,同比下降63天 [35] 各条业务线数据和关键指标变化 - 2合1机器人销售占比45% [28] - 配件收入同比增长8%,占总收入12% [28] - 中高端机器人(300-499美元和500美元以上)销售占比81%,同比下降7个百分点 [28] - 公司Q1直销收入同比增长3%,其中北美和欧洲增长12%,日本下降13% [29] 各个市场数据和关键指标变化 - 欧洲市场Q1收入同比下降3% [27] - 美国市场Q1收入同比下降4% [27] - 日本市场Q1收入同比下降16%,剔除汇率影响下降6% [27] 公司战略和发展方向及行业竞争 - 公司正在简化成本结构,实施更可持续的商业模式,专注于核心价值驱动因素 [12] - 公司正在利用品牌和创新产品,在中高端市场保持或重拾领导地位,同时在入门级市场推出平衡价格和成本的新产品 [12] - 公司正在聚焦规模和盈利能力较大的地理区域 [12] - 公司正在与合作制造商建立新的关系模式,利用他们的供应链和制造专长,以提升毛利率 [15][16] - 公司正在减少R&D支出,特别是低价值的商品化工程工作,但继续投资于机器人、计算机视觉、机器学习等高价值领域 [17] - 公司正在聚焦有限的地理区域,整合营销力度以提高效率,短期内可能会对收入造成压力 [19] - 公司正在终止全球租赁承诺,增加出租总部多余空间,并精简G&A [22] - 公司产品在消费者报告2024年机器人吸尘器排名中占据前5名和前8名的7个席位,有利于稳定业务 [25] 管理层对经营环境和未来前景的评论 - 公司Q1表现超出预期,体现了重组计划的成功执行 [10][11] - 公司Q1受到整体消费支出趋势和激烈竞争的影响 [11] - 公司重组计划旨在在当前市场环境下稳定业务,而不牺牲长期增长计划 [12] - 公司有信心利用品牌和创新产品巩固或重拾中高端市场地位 [12][25] - 公司预计2024年下半年收入中单位数增长,全年毛利率将显著提升 [39][42][43] - 公司预计2024年全年营业亏损率约为-5%至-7%,下半年将实现盈利 [45] 问答环节重要的提问和回答 问题1 **Asiya Merchant 提问** 询问公司在激烈竞争环境下的应对策略,以及与零售商的互动情况 [49][50] **Julie Zeiler 回答** 公司确实面临激烈的市场竞争,但Q1表现符合预期,公司正在与各零售渠道合作重新建立关系 [51][52][53] 问题2 **Asiya Merchant 提问** 询问公司未来现金流情况,是否需要额外融资 [55] **Julie Zeiler 回答** 公司将继续关注流动性和现金管理,预计Q3和Q4将实现小幅正现金流,不会有额外融资需求 [56]

| --- | --- | |------------------------------|-------------------| | Contacts: | | | Karian Wong | Charlie Vaida | | Investor Relations | Media Relations | | iRobot Corp. | iRobot Corp. | | (781) 430-3003 | (781) 430-3182 | | investorrelations@irobot.com | cvaida@irobot.com | iRobot Reports First-Quarter 2024 Financial Results Gary Cohen, Former Gillette, Timex and Energizer Executive, Named as Company's New CEO Company Updates Outlook for Full Year 2024 BEDFORD, Mass. - iRobot Corp. (NASDAQ: IRBT), a leade ...