The holiday season didn't bring much cheer to
, and the coming year doesn't look much brighter.
The robotic vacuum maker said Monday it swung to a loss for the fourth quarter while guiding revenue lower for 2007.
Shares of iRobot plunged after hours on the news; they were recently off more than 14% to $16.37.
iRobot lost $1.8 million, or 8 cents a share, compared with net income of $15,000, or breakeven EPS, a year earlier.
Revenue rose to $61.1 million from $46.5 million.
Analysts had expected the company to lose 8 cents a share on revenue of $62.1 million.
Gross profit margin rose to 37.3% of sales, compared with 35.3% of sales a year earlier.
For 2007, iRobot said it expects revenue growth of 19% to 24% with revenue of $225 million to $235 million. Analysts had expected revenue of $249.8 million.
Pretax net income for the year is likely to be in the range of $2 million to $4 million, iRobot said.