💨 Abstract

Shares of the Bedford, Massachusetts-based company rose more than 4% in extended trading as it separately forecast annual revenue above estimates. The company expects 2024 revenue with a midpoint of $837.5 million while four analysts polled by LSEG expect $829.8 million. Roomba-parent iRobot also beat revenue estimates for the first quarter.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖