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 ...

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 ...

(1) Non-GAAP Days in inventory is calculated as inventory divided by (Revenue minus Non-GAAP Gross Profit), multiplied by 91 days.

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 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 ...

iRobot stock is plummeting by nearly 35% ahead of Wednesday's market close after the Roomba-maker warned about the company's "substantial doubt" of its ability to continue.This comes over a year ...

Back in 2022, Amazon and iRobot announced plans for the e-commerce giant to buy the company. Amazon likely wanted iRobot for two reasons. One is to expand its smart home portfolio with robot vacuums.

TO RELOCATE EMPLOYEES TO NEARBY STORES. BEDFORD, BASED IROBOT SAYS IT’S CONCERNED ABOUT ITS FUTURE AFTER SALES DIPPED LAST QUARTER. THE COMPANY’S QUARTERLY REPORT SHOWS REVENUE FELL BY 44% IN ...

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 ...

iRobot posts a 44% year-over-year decline in Q4 sales to $172.03 million. iRobot initiates a strategic review to explore refinancing, potential sales, and other alternatives. iRobot revealed ...

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 ...