- iRobot press release ( NASDAQ: IRBT ): Q2 Non-GAAP EPS of -$0.35 beats by $1.20 .
- Revenue of $255.35M (-30.2% Y/Y) misses by $47.71M .
- Shares +20% PM, in response to take over announcement by Amazon ( AMZN ) for $61/share in an all-cash transaction valued at ~$1.7B.
- In light of this transaction, the company will not hold its Q2 financial results conference call, which was originally scheduled for August 10 at 8:30 am ET.
- In addition, iRobot ( IRBT ) has withdrawn its prior 2022 financial expectations issued in early May 2022, as well as its long-term financial targets provided in December 2021.
- Given the ongoing disruptions and uncertainty that could impact the company's outlook, iRobot is suspending its practice of providing financial guidance.
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iRobot Non-GAAP EPS of -$0.35 beats by $1.20, revenue of $255.35M misses by $47.71M