Struggling US vacuum cleaner Company iRobot, a former $1.4 billion buyout target of Amazon whose products are distributed by ...
The company behind the popular Roomba vacuums revealed severe financial instability, highlighting declining revenue and mounting losses. iRobot has now withdrawn its 2025 financial guidance and ...
The loss-making company was once valued at $3.56 billion in 2021, driven by pandemic-fueled demand. It is now worth less than $200 million.
Robot’s stock fell as much as 40% early Wednesday after the maker of robot vacuums told investors that it has “” Sales were ...
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iRobot may be iDead in iYearWe're doomba, say Roomba goombas, unless... Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators ...
A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be able to continue to operate.
Its financial situation has worsened since Amazon walked away from its $1.7 billion acquisition of iRobot last year, citing regulatory hurdles.
Robot, the creator of the Roomba and the company that popularized robot vacuums in the first place, told investors on ...
Wonder CEO Marc Lore hopes the company will one day offer AI-powered autonomous food ordering for all three meals of the day. While 2024 sales grew 35%, boosted by increased demand, there was a dip in ...
Adobe beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from strong spending on its portfolio ...
Roomba vacuum cleaner maker iRobot , a former $1.4 billion buyout target of Amazon.com , raised concerns on Wednesday about its ability to stay in business.
The Roomba manufacturer warns there’s ‘substantial doubt’ about its ability to continue as its stock price keeps sliding.
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