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.

Continue reading

Source Fool.com