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iRobot Corporation (DE:I8R)
:I8R
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-1.12Last Year’s EPS
-1.35Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 12, 2025
|% Change Since: -69.83%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant improvements in operational efficiencies and product innovations being offset by missed expectations and challenging market conditions. The company is optimistic about future growth driven by new product launches and restructuring efforts, but current market challenges remain substantial.Company Guidance
During the iRobot Q3 2024 earnings call, several key metrics and guidance updates were provided. The company reported a year-over-year gross margin expansion of 590 basis points, reaching 32.4% for the quarter, compared to 26.5% in Q3 2023. Operating expenses for the quarter were significantly reduced by 47% year-over-year, totaling $47 million, contributing to an operating income of $15.1 million compared to a loss of $40.6 million in the same quarter last year. However, due to ongoing market challenges, iRobot adjusted its guidance for the full year 2024, expecting revenue to range between $685 million and $710 million, with a gross margin between 25% and 26% and an operating margin of negative 15% to negative 13%. The company emphasized its focus on new product introductions and restructuring efforts, which have led to a 50% reduction in its global workforce and are anticipated to support future profitability and growth in 2025.Gross Margin Expansion
Expanded gross margin by 590 basis points year-over-year in Q3, reaching 32.4%, up from 26.5% in Q3 2023.
Operating Expense Reduction
Reduced operating expenses by 47% year-over-year, including a 50% reduction in global workforce since the start of 2024.
New Product Launches and Innovations
Launched several new products, including the Roomba Combo 2 Essential and Roomba Vac 2 Essential, which received positive market recognition and are margin accretive.
Restructuring Plan Success
Successfully executed on restructuring plan, cutting operating losses in half for the first three quarters compared to the previous year.
Leadership Transition
Announced a leadership transition with experienced executives taking over key roles, ensuring continuity and stability.
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DE:I8R Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:I8R Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 12, 2025 | €5.63 | €3.79 | -32.69% |
| Nov 06, 2024 | €9.11 | €6.79 | -25.43% |
| Aug 06, 2024 | €8.65 | €8.78 | +1.57% |
| May 07, 2024 | €8.35 | €8.99 | +7.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does iRobot Corporation (DE:I8R) report earnings?
iRobot Corporation (DE:I8R) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is iRobot Corporation (DE:I8R) earnings time?
iRobot Corporation (DE:I8R) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of iRobot Corporation stock?
The P/E ratio of iRobot is N/A.
What is DE:I8R EPS forecast?
DE:I8R EPS forecast for the fiscal quarter 2025 (Q1) is -1.12.
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