iRobot, KUKA and other robotic stocks exceed earnings expectations

KUKA also had good Q1/17 earnings as did Intuitive Surgical. As a result, iRobot adjusted upward their 2017 revenue forecast. According to CEO Colin Angle, iRobot has shipped over 15 million robotic home floor cleaners through 2016. Last year iRobot divested its Defense and Security Division for $45 million to a VC which shortly thereafter launched Endeavor Robotics. Thus iRobot is now exclusively a commercial robotics provider.