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IRobot Stock is Sinking after Q4 Earnings Report
iRobot CEO Colin Angle (photo by Kyle Alspach for BostInno)
On Wednesday, iRobot (Nasdaq: IRBT) reported that it narrowly beat expectations on earnings but fell short of analyst estimates on revenue in Q4.
IRobot's stock price was down 10.8 percent in after-hours trading Wednesday, to $28.51.
IRobot reported that its earnings-per-share for Q4 was 31 cents, beating analyst expectations by a penny.
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