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iRobot Crushes Expectations and Makes an Acquisition

TheMotleyFool 
0 0 26.07.17
iRobot Crushes Expectations and Makes an Acquisition
 
iRobot Crushes Expectations and Makes an Acquisition

iRobot Corporation (NASDAQ: IRBT) announced stellar second-quarter 2017 results on Tuesday after the market closed, driven by strength in both the U.S. and Europe. iRobot also boosted its full-year guidance, and announced a compelling acquisition to increase its international presence.

With shares of the home robotics specialist up more than 20% in after-hours trading as of this writing, let's have a closer look at what iRobot had to say.

IMAGE SOURCE: IROBOT CORPORATION.

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Source: Fool.com

iRobot Corp. Stock

€10.09
20.060%
A very strong showing by iRobot Corp. today, with an increase of €1.69 (20.060%) compared to yesterday's price.
Our community is currently high on iRobot Corp. with 4 Buy predictions and 0 Sell predictions.
Based on the current price of 10.09 € the target price of 50 € shows a potential of 395.79% for iRobot Corp. which would more than double the current price.
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