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How iRobot Lost Its Market Edge. During its early years, iRobot achieved remarkable success. The Roomba became synonymous with robot vacuums, capturing an impressive 64% of the market in 2016.
It was a stunning turn of events when iRobot canceled its fourth quarter meeting in March, saying the company has had “substantial doubt” about its ability to stay afloat. It was a far cry ...
iRobot could soon be out of business, the Roomba's creator admitting that there's "substantial doubt about [its] ability to continue as a going concern." It's a drastic fall for the company whose ...
Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant's takeover offer, has warned investors it may not survive the next 12 months. The biz ...
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 ...
Robotics firm iRobot, originator of the robotic vacuum Roomba facing stiff competition from lower-priced competitors, told investors Tuesday that there was "substantial doubt" about the company's ...
iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its preliminary financial results for the fourth quarter ended December 28, 2024.
Roomba maker iRobot is laying off 105 employees — about 16% of the company’s workforce, per an SEC filing — saying the cuts are part of an “operational restructuring plan.” The move ...
"Karian and Jules each have an in-depth understanding and a unique historical perspective of iRobot, and represent our new generation of leaders," said Gary Cohen, iRobot's chief executive officer.
The iRobot Select program is shutting down amid more cost cutting at the troubled robot vacuum manufacturer. The iRobot Select program is shutting down amid more cost cutting at the troubled robot ...
Roomba maker iRobot is no longer accepting new signups for a subscription service that offers a new Roomba every three years, plus replacement parts, for $29 a month. The iRobot Select program ...
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