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...
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...
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...
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...
iRobot has entered into a new $200 million credit facility that prompted the company and Amazon to amend the price per share formerly set for its acquisition by the retailer. Under the amended acquisition terms, Amazon will pay $51.75 per share revised down from $61...
