iRobot Corporation (IRBT): Wow!! Looks like this one is in troub...

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Goku777

Re: Toxic Avenger post# 150

Wednesday, 10/24/2012 9:49:16 AM

Wednesday, October 24, 2012 9:49:16 AM

Wow!!

Looks like this one is in trouble.

Why with such good reviews?

revenue fell 38 percent in the third quarter — and is expected to decline further next year.

Chairman and CEO Colin Angle said the outlook for the defense and security business weakened

Oh, maybe that's why.

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