by Peter Giannetti | Jun 12, 2024 | Appliances, Home + Housewares, Vacuum Cleaners
Robotic floor care appliance maker iRobot Corp. announced it granted equity awards recently as a material inducement to the employment of the company’s newly hired CEO, Gary S. Cohen. In connection with Cohen’s appointment as iRobot CEO on May 6, 2024, iRobot,...
by Chandler Harvey | Apr 8, 2024 | Appliances, Home + Housewares, Vacuum Cleaners
iRobot Corp has introduced the Roomba Combo Essential robot, described by the company as an affordable and easy-to-use 2-in-1 robot vacuum and mop. At a retail price of $275, the Roomba Combo Essential delivers the cleaning essentials of the Roomba 600 Series with...
by Mike Duff | Mar 12, 2024 | Appliances, Home + Housewares, Vacuum Cleaners
After a proposed acquisition by Amazon fell through and ahead of meetings with institutional investors, iRobot Corp. announced its financial expectations for the first quarter ending March 30, 2024, and the company reiterated its previously announced financial outlook...
by Mike Duff | Jan 29, 2024 | Retail Articles
iRobot and Amazon have announced that they have entered into a mutual agreement to terminate the acquisition agreement they originally signed on August 4, 2022, a move that triggers a $94 million termination payment from the retailer to the manufacturer. At the same...
by Mike Duff | Aug 9, 2023 | Retail Articles
Although iRobot Corp. second-quarter earnings slipped, the company managed to beat a Wall Street estimate as it continues to await the conclusion of its merger with Amazon. Net loss was $80.8 million, or $2.93 per diluted share, versus $43.4 million, or $1.60 per...
