Roomba Maker iRobot Warns of Going Concern, Initiates Strategic Review
Robot warned investors of a going concern to maintain enough assets to operate and pay its debts, and said it has initiated a strategic review of the business.
Roomba vacuum maker iRobot warns it may go bust, sending stock down 30%
After its latest financial figures were worse than forecast, the company said there’s “substantial doubt” it can survive ...
iRobot just launched four new Roomba models to reimagine its entire product line
iRobot has been known as a robot vacuum standard since its launch over 20 years ago. Today the company announced a complete ...
The maker of Roomba has ‘substantial doubt’ about surviving
Roomba’s parent company is warning that its future is on shaky ground, more than a year after a planned $1.7 billion acquisition by Amazon fell through.
iRobot reports Q4 EPS ($2.06) vs. ($1.82) last year
Reports Q4 revenue $172.0M vs. 307.5M last year. “2024 was a transformational year for iRobot (IRBT), marked by the continued and successful ...
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New Roomba Lineup Includes a Sub-$500 Vac That Trades a Huge Base for a Tiny Onboard Trash Compactor
With eight new models ranging from $299 to $999, the refreshed iRobot Roomba lineup promises stronger suction power, enhanced ...
Why Is Consumer Robot Maker iRobot Stock Plunging Today?
Robot stock dropped in premarket trading after reporting a 44% year-over-year decline in Q4 sales to $172.03 million.
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iRobot Corporation (IRBT)
Key Insights Given the large stake in the stock by institutions, iRobot's stock price might be vulnerable to their... iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that ...
Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
Its financial situation has worsened since Amazon walked away from its $1.7 billion acquisition of iRobot last year, citing regulatory hurdles.
iRobot Initiates Strategic Business Review As 4Q Sales Plunge
iRobot said it is initiating a review of strategic alternatives after reporting a wider loss and lower-than-expected revenue in the fourth quarter. Shares fall 20% to $5.06 in pre-market trading.