Why I'll Be Watching iRobot Stock Next Week
iRobot (NASDAQ: IRBT) has some big questions to answer for investors in the coming week. The robotic cleaning device specialist made Wall Street nervous in its last earnings report, which showed net losses combined with falling sales volumes.
Those operating trends might have improved in the second quarter, with help from the lifting of Chinese tariffs and potentially stabilizing demand for vacuum cleaning devices. Investors will be watching closely for signs of a return to steady sales and earnings growth in the second half of the year.
Let's take a look at the main metrics to watch on Wednesday, August 10.
Source Fool.com