iRobot‘s (NASDAQ: IRBT) most recent quarter has investors dancing in the streets. The company handily beat both earnings and revenue estimates. In fact, management felt so good about their outlook that they raised guidance for the year, and in a separate announcement, the company said it would acquire its largest European distributor Robopolis.
Data source: iRobot. Chart by author. *Excludes effect of Robopolis acquisition.