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iRobot Crushes Expectations and Makes an Acquisition

TheMotleyFool

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iRobot Crushes Expectations and Makes an AcquisitionPhoto, wide shot, wide-angle lens, Networking equipment supplier, sunset photo at golden hour, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/66e3509e-f4c6-4a7b-8e88-53fcc02cf17f.png

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.

Source: Fool.com