secwatch.observer — SEC 8-K summary
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Issuer:     IROBOT CORP (—)
CIK:        0001159167
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001159167-24-000079
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iRobot Q3 rev $193.4M, GAAP op income $7.3M vs loss $59.5M; CFO/CHRO retire; revises FY outlook
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- Revenue $193.4M (+4% YoY); GAAP gross margin 32.2% vs 25.8%; GAAP operating income $7.3M vs prior year loss of $59.5M.
- GAAP net loss per share ($0.21) vs ($2.86) YoY; non-GAAP EPS $0.03 vs ($2.82).
- CEO cites competitive headwinds; full-year 2024 revenue outlook revised downward.
- CFO Julie Zeiler retires Dec 2; succeeded by Karian Wong (current VP Finance). CHRO Russ Campanello retires; replaced by Jules Connelly.
- Wong to receive $450k base salary + equity grants; Connelly $350k base + equity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1159167/000115916724000079/0001159167-24-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1159167/000115916724000079/irbt-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001159167-24-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer