Shares of consumer robot maker iRobot Corp (NASDAQ:IRBT) are trading lower in premarket on Wednesday after the fourth-quarter FY24 earnings. The company reported fourth quarter sales decline of 44% year-on-year to $172.03 million, beating the analyst consensus estimate of $171.00 million. Adjusted EPS loss of $2.06 missed the consensus estimate loss of $1.73. Gross margin for the quarter contracted 940 basis points to 9.4% and the gross profit plunged 71% to $16.4 million. Operating expenses for
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