Needham & Company Defends iRobot (IRBT)

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iRobot Reports Fourth-Quarter and Full-Year Financial Results

February 10, 2016 4:02 PM EST

BEDFORD, Mass., Feb. 10, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the fourth quarter and full year ended January 2, 2016.

"2015 was another great year for iRobot. Throughout the year, we made strategic investments in our business that drove record quarterly revenue and resulted in revenue and EPS that exceeded our expectations," said Colin Angle, chairman and chief executive officer of iRobot. "The divestiture of the Defense & Security... More