iRobot (NASDAQ:IRBT) announced its earnings results on Wednesday, February 7th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.29, Briefing.com reports. The firm had revenue of $327.00 million for the quarter, compared to analyst estimates of $319.02 million. iRobot had a return on equity of 12.62% and a net margin of 5.77%. The business’s revenue was up 53.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.45 EPS. iRobot updated its FY18 guidance to $2.10-2.35 EPS.
Shares of iRobot (NASDAQ IRBT) traded up $0.78 during trading on Thursday, hitting $65.14. The stock had a trading volume of 404,515 shares, compared to its average volume of 1,419,510. The firm has a market capitalization of $1,790.00, a P/E ratio of 36.60, a PEG ratio of 1.29 and a beta of 0.94. iRobot has a 1-year low of $55.11 and a 1-year high of $109.78.
In related news, Director Andrew Miller sold 441 shares of the business’s stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of $80.11, for a total transaction of $35,328.51. Following the completion of the sale, the director now owns 4,670 shares in the company, valued at $374,113.70. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Colin M. Angle sold 45,200 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $80.06, for a total value of $3,618,712.00. Following the sale, the chief executive officer now owns 534,663 shares of the company’s stock, valued at approximately $42,805,119.78. The disclosure for this sale can be found here. 4.49% of the stock is owned by insiders.
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iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The Company’s portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. The Company sells various products that are designed for use at home.
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