shares rose briefly and then plummeted more than 19% after the company announced third-quarter earnings that topped analyst estimates. The Roomba maker earned $1.24 per share, far exceeding Wall Street's expectation of 52 cents per share. Revenue came in at $289 million, also exceeding the $259 million analysts expected, according to Refinitiv.
iRobot said it rolled back prices after hiking them in July, and that a large fourth-quarter shipment "to a major U.S. retailer" was moved up to the third quarter.slumped nearly 6% after the company reported weaker-than-expected third-quarter earnings. The theme park operator reported earnings of $2.11 per share on revenue of $621 million, while analysts expected an EPS of $2.31 EPS and revenue of $644 million, according to Refinitiv.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »