iRobot Target, Estimates Lifted at Needham & Company; Stock Jumps 12% (IRBT)

I had put the stock back into sleep mode as we waited for next quarter. Wow.
$38.60 up $4.23.
From Street Insider:

Needham & Company analyst James Ricchiuti reiterated a Buy rating and rasied his price target on iRobot Corporation (NASDAQ: IRBT) from $39 to $41 following solid Q4 results and above consensus 2014 outlook despite a slower start.

"IRBT turned in a solid Q4 report, with EPS coming in at the high end of guidance while revenues increased 25% y/o/y, in line with consensus. The home robot business was up 31%, driven by strong growth in the domestic business. Mgmt guided below consensus for the seasonally weak Q1, but provided full-year revenue guidance for growth of 15%-17%, modestly above consensus. Full-year EPS guidance was in line with expectations. We expect another strong year from IRBT's home robot business, while the defense business should remain stable. Longer term, we believe IRBT's telepresence robots have the potential to open up a new growth leg. We reaffirm our Buy rating."...MORE

Here is the  Q4 2013 IROBOT CORP Earnings Conference Call Replay
and her is the conference call transcript via NASDAQ
Yesterday:
UPDATED--iRobot Reports Q4, Violates Asimov's 1st Law of Robotics (IRBT)