A day after introducing a new Roomba lineup, iRobot says it may not survive the next 12 months. The US-based robot vacuum developer issued the warning after reporting a 44% drop in revenue during ...

iRobot has announced its new range of Roomba robot vacuum cleaners. Featuring four new models, the new iRobot Roomba series marks the first time that the brand has introduced LiDAR navigation.

However, iRobot doesn’t sound very confident about these new products, saying in an earnings statement that “there can be no assurance that the new product launches will be successful”.

On Tuesday, iRobot announced its most comprehensive lineup of new consumer products. However, today, Bloomberg reported that the company has raised “substantial doubt” in its earnings results ...

iRobot has not found a way to become profitable again and says it expects to incur losses for “the foreseeable future.” With no clear path to paying off the debt, the future looks bleak for ...

iRobot (IRBT) stock is plummeting by nearly 35% ahead of Wednesday's market close after the Roomba-maker warned about the company's "substantial doubt" of its ability to continue. This comes over ...

Earlier this week, we heard that iRobot was scrapping almost its entire robot vacuum range and replacing it with four shiny new models. It's a bold move, but I think necessary, given how far ...

Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35% ...

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 ...

iRobot is one of the most popular manufacturers of robot vacuums, and its lineup is about to grow much more enticing. Several new models will be up for presale on March 18 — all of which feature ...

Here’s how it works. Just a day after announcing their brand new line-up of advanced models, iRobot issued a warning to investors that they could face closure in 12 months if they can't ...