---
schema_version: "secwatch.filing_event.v1"
accession: "0001159167-24-000034"
form_type: "8-K"
ticker: null
cik: "0001159167"
company_name: "IROBOT CORP"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T16:13:41.171381+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# iRobot Q1 rev $150M, GAAP EPS $0.30 (non-GAAP loss $1.53); names Gary Cohen CEO; cuts FY outlook

## Summary
- Revenue $150.0M, down 6% YoY; GAAP net income per share $0.30 vs loss ($2.95); non-GAAP net loss per share ($1.53) vs ($1.67).
- Appoints Gary Cohen (former Gillette, Timex CEO) as new CEO to lead turnaround.
- Completed 30% workforce reduction (~330 employees); restructuring charge $14M in Q1, expects $9M more in 2024.
- Updates full-year 2024 guidance: revenue $815-860M, non-GAAP net loss per share ($3.13)-($2.71); cites yen weakness and product timing.
- Launched Roomba Combo Essential ($275) and Roomba Vac Essential, first products under new contract manufacturing model.

## SEC filing metadata
- accession: 0001159167-24-000034
- form_type: 8-K
- cik: 0001159167
- company_name: IROBOT CORP
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1159167/000115916724000034/0001159167-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1159167/000115916724000034/irbt-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001159167-24-000034
- JSON: https://secwatch.observer/filing/0001159167-24-000034.json
- Plain text: https://secwatch.observer/filing/0001159167-24-000034.txt

## Key facts
- Earnings Releases
  IROBOT CORP reported first quarter ended March 30, 2024 results: revenue $150.0 million, EPS $0.30. Guidance reaffirmed.
  - Period: first quarter ended March 30, 2024
  - Revenue: $150.0 million
  - EPS: $0.30
  - Guidance: reaffirmed
  - Result: reported results
  source text: (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the first quarter ended March 30, 2024. First-Quarter Financial Highlights • Revenue of $150.0 million, compared with $160.3 million in Q1 of 2023. • GAAP net income per share was $0.30 compared with GAAP net loss per share of ($2.95) in Q1 of 2023. • Non-GAAP net loss per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1159167/000115916724000034/0001159167-24-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.