IRobot Q2 Profit Rises - Quick Facts

(RTTNews) - iRobot Corp. (IRBT) reported second-quarter net income of $8.3 million, compared to $7.4 million in the second quarter of 2012. Quarterly earnings per share were $0.28, compared to $0.26 in the second quarter last year.

On average, six analysts polled by Thomson Reuters expected the company to report profit of $0.19 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue was $130.4 million, compared to $111.4 million for the same quarter one year ago. Analysts expected revenue of $128.90 million for the quarter.

The company said its expectations for fiscal 2013 revenue and Adjusted EBITDA remain unchanged. The company has increased the low end of its profit per share guidance range due to a one-time tax benefit received in the second quarter.

iRobot Corp. expects fiscal 2013 revenue of $485 to $495 million, and profit per share between $0.88 and $1.00. Analysts expect the company to report fiscal 2013 profit per share of $0.94, on revenue of $491.22 million.

The company expects its third-quarter revenue in the range of $124 million-$128 million, and earnings per share in the range of $0.20-$0.25. Analysts expect the company to report third-quarter profit per share of $0.27, on revenue of $126.45 million.