The Roomba manufacturer warns there’s ‘substantial doubt’ about its ability to continue as its stock price keeps sliding. The Roomba manufacturer warns there’s ‘substantial doubt’ about its ability to ...
Shares of iRobot plunged more than 30% on Wednesday after it said there is "substantial doubt" about its ability to stay in business. Massachusetts-based iRobot has been restructuring since the Amazon ...
IRobot Corp. has finally found a buyer: its manufacturing partner. IRobot chief executive Gary Cohen said the deal will preserve the iRobot business, known for its fleet of Roomba robotic vacuums, and ...
iRobot, once the company synonymous with robot vacuums, might not make it another year. For many years, iRobot was the company you thought of, when you thought of robot vacuums. It wasn’t “I have a ...
Consumer robot maker iRobot (NASDAQ:IRBT) plunged in early trading on Wednesday after the company posted weak Q4 results and issued a going concern warning. Revenue was down 44% to $172 million in Q4, ...
Shares of iRobot (NASDAQ:IRBT) are surging on Wednesday after the company's marketing chief, Athena Kasvikis, shared positive comments about the Roomba maker's current state of affairs. IRBT rose as ...
iRobot has had some tough times over the past few years. And after Amazon had to pull out of acquiring the company, iRobot has been looking for a new buyer, with little luck. Now, iRobot has sold some ...
Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor. By Meaghan Tobin and Xinyun Wu Reporting from ...
The Roomba robot vacuum maker reported in a regulatory filing that its last potential buyer has withdrawn. The company, which has been seeking a sale since its deal with Amazon was scuppered by EU ...
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