Comment on How Braava Will Be iRobot's Next Big Catalyst

How Braava Will Be iRobot's Next Big Catalyst

Shares of iRobot (NASDAQ: IRBT) have climbed more than 30% since the consumer robotics specialist announced first-quarter results in late April -- and with good reason. Both total revenue (up nearly 29%) and adjusted earnings per share (up 27%) comfortably exceeded expectations, driven by broad-based geographic strength and global demand for its core Roomba robotic vacuum cleaners (RVCs).

 

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