IRobot (IRBT) Reports Q2 Loss, Misses Revenue Estimates

IRobot (IRBT) came out with a quarterly loss of $1.96 per share versus the Zacks Consensus Estimate of a loss of $1.77. This compares to loss of $1.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.73%. A quarter ago, it was expected that this robotics technology company would post a loss of $2.03 per share when it actually produced a loss of $1.53, delivering a surprise of 24.63%.Over the last four quarters, the company ...