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One thing we could say about the analysts on iRobot Corporation ( NASDAQ:IRBT ) - they aren't optimistic, having just...
iRobot ( NASDAQ:IRBT ) First Quarter 2023 Results Key Financial Results Revenue: US$160.3m (down 45% from 1Q 2022). Net...
iRobot's (IRBT) first-quarter 2023 revenues decline 45.1% on reduced orders.
iRobot (IRBT) delivered earnings and revenue surprises of -26.52% and 33.39%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
iRobot's (IRBT) fourth-quarter 2022 revenues decline 21.4% on account of lower orders from retailers and distributors in North America and EMEA.
Yahoo Finance Live anchors discuss news that Roomba maker iRobot is planning to lay off 7% of its workforce.
iRobot (IRBT) delivered earnings and revenue surprises of -3,900% and 19.79%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
iRobot (IRBT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
iRobot's (IRBT) third-quarter 2022 revenues decline 36.9% due to lower orders from retailers and distributors in North America and EMEA.
iRobot (IRBT) delivered earnings and revenue surprises of -217.88% and 36.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
iRobot (IRBT) to benefit from its diversified product portfolio and innovation capabilities. Also, its measures to expand recurring revenue sources are encouraging.
iRobot's (IRBT) Roomba Combo j7 is capable of vacuuming and mopping in a single cleaning effectively.
Yahoo Finance reporter Jen Schonberger details why Sen. Warren has voiced antitrust concerns about the Amazon-iRobot deal.
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iRobot's (IRBT) second-quarter 2022 revenues decline 30.1% on account of weakness across its businesses in the United States, Japan and the EMEA regions.
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Last week, Amazon (NASDAQ: AMZN) announced it would be purchasing Roomba maker iRobot (NASDAQ: IRBT) for $1.7 billion, or $61 per share. In its second-quarter report, released in conjunction with the acquisition announcement, iRobot reported revenue down 30% from a year ago, with operating losses ballooning to $63.9 million, from a $3 million loss in the year-ago quarter.
The robotic cleaning device specialist made Wall Street nervous in its last earnings report, which showed net losses combined with falling sales volumes. Investors will be watching closely for signs of a return to steady sales and earnings growth in the second half of the year. Most investors who follow the stock are expecting to see sales fall approximately 14% to $303 million.
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Yahoo Finance tech reporter Dan Howley highlights Amazon's plans to purchase iRobot as the online retailer expands into the home appliance space.
iRobot's business is struggling in 2022, likely motivating management to sell to the stronger company.
Shares of iRobot (NASDAQ: IRBT) were up 19% as of 10:56 a.m. ET on Friday after the company reached a deal to be acquired by Amazon (NASDAQ: AMZN). Year to date, shares of iRobot are down 9.6%. While iRobot has delivered strong growth in revenue over that time, the main problem weighing on the stock is a lack of profits to show for it.