iRobot's (IRBT) third-quarter 2022 revenues decline 36.9% due to lower orders from retailers and distributors in North America and EMEA.
iRobot (IRBT) delivered earnings and revenue surprises of -217.88% and 36.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
iRobot (IRBT) to benefit from its diversified product portfolio and innovation capabilities. Also, its measures to expand recurring revenue sources are encouraging.