Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

iRobot First-Quarter Financial Results Exceed Expectations
Apr 25, 2014
 Printable format
 Email this Article
 Search

iRobot Corp., maker of robotic home appliances, reported revenue of $114.2 million in the first quarter of 2014, up from $106.2 million in the first quarter of 2013. Net income was $5.3 million, from $8.4 million in 1Q 2013. iRobot's first quarter ended March 29, 2014.

"The results and outlook for our Home Robot business are excellent," said iRobot Chairman and CEO Colin Angle. The Defense & Security business segment of the company performed "as expected," he added.

iRobot said its Home Robot business delivered excellent growth on an ever-increasing base. Revenue growth in this business, in all three geographic regions, contributed to year-over-year growth of 17% for 1Q 2014 over 1Q 2013.

The Home Robot business launched its Roomba 880 in limited domestic United States retailers and select European and Asian markets. The Scooba 450 floor scrubbing robot was launched on the company website in January.

The Home Robots business had 1Q 2014 revenue of $108.0 million, up from $92.7 million in 1Q 2013. Domestic Home Robots revenue in 1Q 2014 was $41.0 million, up from $31.4 million in 1Q 2013. International Home Robots revenue was $67.0 million, up from $61.3.

Back to Daily News

 

Daily News

...........................................................

Sep 5, 2014: Electrolux Acquiring GE Appliances Could Make it the New Global Appliance Leader

Sep 5, 2014: Foodservice Equipment and Other Restaurant Capital Spending Solid in July

Sep 4, 2014: IFA Show: Miele Unveils Washing Machine That Beats A+++ Energy Efficiency by 40%

Sep 4, 2014: IFA Show: Panasonic Washer Uses Sensor System to automatically Adjust Washing Cycle

Sep 3, 2014: h.h. gregg Ranked Highest In Appliance Customer Satisfaction

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows