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Why iRobot Stock Is Trading Lower During Wednesday’s After-Hours Session

Why iRobot Stock Is Trading Lower During Wednesday's After-Hours Session

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Shares of IRobot Corp. (NASDAQ: IRBT) tanked following the release of its Q4 earnings report showing a miss on both EPS and sales accompanied with in-line guidance for fiscal year 2022. The company reported a 16% decline in year-over-year Q4 revenue to $455.4 million though noted that full-year 2021 revenue showed a 9% year-over-year increase to $1.565 billion.

...read full article on Benzinga

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