Why Is iRobot Stock Diving Today?



iRobot Corporation (NASDAQ:IRBT) shares are trading lower in the morning session on Tuesday.

Yesterday, the company reported fourth-quarter revenues of $307.54 million, marginally missing the street view of $307.99 million.

Geographically, fourth quarter 2023 revenue declined 20% in the U.S., 19% in Japan and 5% in EMEA over the prior period last year. 

Adjusted net loss per share was $(1.82), narrower than the analyst consensus of $(2.11) …

Full story available on Benzinga.com


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