iRobot Corporation (NASDAQ:IRBT) profits for third quarter surged8.2% as company saw revenue growth on the back of stronger home-robots sales, but still shares plunged 15% to $19.25 during after hour trade as the company cautioned its outlook has declined.
For third quarter revenues remained$126.3 million, versus $120.4 million for the same quarter in year 011. Net income in the third quarter of 2012 was $15.2 million; versus $14.1 million in the same quarter a year ago. During the quarter company made numerous strategic decisions to fortify it.
iRobot Corporation (NASDAQ:IRBT) traded with volume of 320,900 shares in last session which was unexpectedly higher versus average trading capacity of 240,156.00 shares. The stock traded with opening bell at $22.50, gained the maximum price level of $23.20 and then finished the day at $22.64 by scoring -0.31%.
IRBT remained successful in generating revenue of $460.39 million in the trailing twelve months and made net income of $32.72 million. The Company maintained a positive 7.11% for the net profit margin and in its operating margin it scored 9.12%. Company’s yearly revenue change for the last five years was 19.76%.
The IRBT’s price to sales ratio is 1.36 and price to cash ratio is 3.53 for the past 12 months. As far as the returns from the company is concerned, return on assets remained as +10.78%.
The stock showed downbeat performance of -2.92% for the week which was maintained for the month at -5.63%. Likewise the downbeat performance for the trailing 3 months was recorded as -1.52% and in last year was -23.85% while the performance so far in current year remains at -24.15%.
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