From The Motley Fool:
Why iRobot Shares Surged
The stock close at $28.04 up $3.38 (13.71%)What: Shares of iRobot (NASDAQ: IRBT ) soared 15% today after the robot specialist's quarterly results and outlook topped Wall Street expectations.So what: The stock was hammered late last year on severe weakness in its defense segment, but strong first-quarter results -- EPS of $0.29 on a revenue increase of 8.4% -- coupled with upbeat guidance for the rest of the year naturally eases those concerns. While defense revenue remained unspectacular, the company's booming home robot business more than offset that softness, giving investors plenty of good vibes about its revenue mix going forward.Now what: Management now sees full-year EPS of $0.80 to $1.00 on revenue of $485 million to $495 million, up nicely from its prior view of $0.57 to $0.72 and $480 million to $490 million....MORE
I count at least three other Fool posts on IRBT over the last 24 hours:
iRobot Q1 Net Surges, Guidance Raised
iRobot Doesn't Know Its Own Strength: Is That a Good Thing?
Should iRobot Be Worried About Northrop's New Bot?
That last one in particular is worth a read.
Previously on the CI channel:
iRobot Just Violated Asimov's First Law of Robotics (IRBT)
The Doctor's Robot Will See You Now (IRBT)
Fire the Pool Boy: iRobot Unveils Swimming Pool Cleaning Robot (IRBT)
Robopocalypse: iRobot files patent for machine that 3D prints autonomously (IRBT)