Shares of iRobot Corp. tumbled 31% Wednesday to put them on track for a new record low, after the maker of the Roomba robotic vacuum cleaner said there’s substantial doubt about its ability to ...
iRobot was long overdue for a product redesign to win back its once overwhelming share of the robot vacuum market. The company just announced such a reinvention for its complete product line; it ...
On Tuesday, iRobot announced its most comprehensive lineup of new consumer products. However, today, Bloomberg reported that the company has raised “substantial doubt” in its earnings results ...
Here’s how it works. Just a day after announcing their brand new line-up of advanced models, iRobot issued a warning to investors that they could face closure in 12 months if they can't ...
iRobot (IRBT), a maker of robotic vacuum cleaners, has “substantial doubt about the company’s ability to continue,” it revealed in its quarterly earnings report Wednesday. The stark warning ...
iRobot has been known as a robot vacuum standard since its launch over 20 years ago. Today the company announced a complete redesign of almost its entire product line, with new entry-level ...
Even though iRobot reduced its losses by about 50%, it still posted a net loss of $145 million for all of 2024. iRobot was founded in 1990 and became a pioneer in robot vacuums . However, the ...