iRobot Cranks Up Its Outlook and Predicts a Return to Profitability
A renewed interest in home maintenance is lifting iRobot's (NASDAQ: IRBT) growth prospects. The robotic cleaning device specialist issued an operating update on Monday that included mostly good news for investors, as sales growth trends have improved in a few of its biggest global markets.
The enthusiastic consumer response to its latest vacuum lineup has iRobot predicting a return to sales growth and profitability in the fiscal second quarter, in fact.
Let's take a closer look at the latest operating metrics.
Source Fool.com
