* Cites strong performance in consumer, military segments
* Raises full-year outlook
* Shares jump 15 pct after the bell
July 28 Robot-maker IRobot Corp (IRBT.O) raised
its full-year outlook above Wall Street expectations and posted
quarterly results that sailed past estimates, aided by strong
performance at both its segments, sending its shares up 15
percent after the bell.
The company, which makes consumer-friendly robots that
clean carpets and flooring and military robots, said it expects
to earn 51 cents to 54 cents a share in 2010, on revenue of
$385 million to $390 million.
Analysts on average were looking for a profit of 44 cents
on revenue of $380.6 million, according to Thomson Reuters
For the second quarter ended July 3, the company reported a
net income of $5.3 million, or 20 cents a share, compared with
a loss of $2.6 million, or 10 cents, a year ago.
Analysts were expecting the company, which make military
products that specialize in disarming bombs and helping
soldiers with search and surveillance tasks, to earn 8 cents a
Revenue for the quarter surged 60 percent to $97.8 million,
also surpassing analysts' expectations of $92.2 million.
The company's growth has been fuelled by demand for its
next-generation military robots and international sales of
consumer products, which include the round-shaped, self-guiding
Shares of the company were up 15 percent at $22.25 in
after-market trade. They closed at $19.41 Wednesday on Nasdaq.
(Reporting by Abhishek Takle in Bangalore; Editing by