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) …