iRobot Earnings Preview: 3 Numbers to Follow
Investors have good reasons to follow iRobot's (NASDAQ: IRBT) third-quarter report each year. The seasonality of its business tilts most of its revenue toward the weeks around the Christmas holiday, so the announcement preceding the holiday report usually sets the tone for that all-important shopping season. Last October, for example, iRobot raised its 2018 outlook after third-quarter sales jumped 29%.
The third-quarter report also contains important clues about how well iRobot's latest product releases are resonating with consumers and retailers since those introductions are normally rolled out in the second quarter.
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Source Fool.com
