4-23-19 iRobot down 15 dollars after=hours misses by $0.03,misses on revs

4-23-19 iRobot down 15 dollars after=hours misses by $0.03, misses on revs
• Reports Q1 (Mar) earnings of $0.69 per share, $0.03 worse than the S&P Capital IQ Consensus of $0.72; revenues rose 9.5% year/year to $237.66 mln vs the $251.4 mln S&P Capital IQ Consensus. EPS excludes $0.14 of tax benefit relating primarily to stock compensation accounting, compared with a $0.05 tax benefit in Q1 2018. Quarterly GAAP earnings per share were $0.78, compared with earnings per share of $0.71 in the first quarter of 2018.
o First-quarter revenue grew 7% in the U.S. and 12% internationally over Q1 2018.
• Co issues guidance for FY19 sees EPS of $3.15-3.40 vs. $3.29 S&P Capital IQ Consensus; sees FY19 revs of $1.28-1.31 bln vs. $1.29 bln S&P Capital IQ Consensus.
• “Our investments in R&D continue as planned, and our two new product introductions are on schedule for launch in the second quarter.”