Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
09 November 2005Website:
http://www.irobot.comNext earnings report:
26 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Sat, 23 Nov 2024 00:58:13 GMTDividend
Analysts recommendations
Institutional Ownership
IRBT Latest News
IRBT's third-quarter 2024 revenues increase 3.9% year over year on account of higher sales of two-in-one products.
iRobot Corporation's Q3 results showed margin improvements, but lowered guidance led to a 35% share price drop, highlighting ongoing challenges. The company reported a 3.9% revenue increase, but missed analysts' estimates, with significant regional sales declines in Japan and EMEA. High debt, low revenue growth, and fierce competition raise concerns about iRobot's ability to innovate and regain market share.
Roomba maker iRobot is laying off 105 employees — about 16% of the company's workforce, — according a U.S. Securities and Exchange Commission filing. The company says the cuts are part of an “operational restructuring plan.
BEDFORD, Mass. , Nov. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Julie Zeiler, the company's chief financial officer, and Russ Campanello, the company's chief human resources officer, will retire, effective December 2, 2024.
Continues to Make Progress on "iRobot Elevate" Strategy Revises Full-year 2024 Outlook BEDFORD, Mass. , Nov. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the third quarter ended September 28, 2024.
BEDFORD, Mass. , Oct. 22, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that the company will host its third-quarter 2024 earnings conference call on Wednesday, November 6, 2024.
Roomba Combo ® 2 Essential and Roomba ® Vac 2 Essential give customers 2x cleaning power1 and 60 days of hands-free 2-in-1 cleaning with AutoEmpty ™ dock BEDFORD, Mass. , Oct. 21, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced availability of the 2-in-1 Roomba Combo ® 2 Essential robot and Roomba ® Vac 2 Essential robot in North America.
Decreased demand for products and increased competition in the market weigh on IRBT. Unfavorable foreign currency movement is an added concern.
Robotics continues to pique investors' interest, and even more so as we enter a new age of artificial intelligence technologies. Automation has been a significant catalyst for the space.
BEDFORD, Mass. , Aug. 12, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, announced the addition of Michael J.
What type of business is iRobot?
iRobot Corporation is an American company that is a leader in the field of robotics. Founded in 1990, initially focused on servicing the US military, but later began supplying robots for various purposes and industries. The headquarters is located in Bedford, Massachusetts, USA, with all developments and projects carried out at the Massachusetts Institute of Technology. The company also has its own manufacturing facilities worldwide. The most popular products of iRobot for the average user are robot vacuums. There are several series, with the most popular being Roomba for dry cleaning, and Scooba for wet cleaning. All vacuums are expensive, but are interesting and unique developments.
What sector is iRobot in?
iRobot is in the Consumer Cyclical sector
What industry is iRobot in?
iRobot is in the Furnishings, Fixtures & Appliances industry
What country is iRobot from?
iRobot is headquartered in United States
When did iRobot go public?
iRobot initial public offering (IPO) was on 09 November 2005
What is iRobot website?
https://www.irobot.com
Is iRobot in the S&P 500?
No, iRobot is not included in the S&P 500 index
Is iRobot in the NASDAQ 100?
No, iRobot is not included in the NASDAQ 100 index
Is iRobot in the Dow Jones?
No, iRobot is not included in the Dow Jones index
When was iRobot the previous earnings report?
No data
When does iRobot earnings report?
The next expected earnings date for iRobot is 26 February 2025