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March 12, 2014
11:59 EDTIRBTiRobot guides FY14 EPS $1.00-$1.10 in conference slides
iRobot stated in slides for today's presentation at the UBS Global Consumer conference that its full-year expectations for FY 2014 include revenue of $560M-$570M, EPS of $1.00-$1.10, and adjusted EBITDA of $74M-$78M. The company stated in the slides that this repeats its guidance issued February 5. However in iRobot's press release issued via PR Newswire on Feb. 5 the company's chairman and CEO Colin Angle is quoted as stating, "For 2014, we expect revenue of $560 to $570 million, EPS of between $1.00 and $1.15 and Adjusted EBITDA of $74 to $78 million, or roughly 14 percent of revenue." Consensus estimates for FY14 EPS and revenue are $1.11 and $562.83M, respectively. Reference Link
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