Robotic cleaning appliance specialist iRobot Corp named corporate restructuring veteran Jeffrey Engel president and COO. Engel’s appointment comes as iRobot Corp., maker of Roomba and Braava robotic floor cleaners, announced a 29% year-over-year decline in revenue and...
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,...
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...
The first quarter was not kind to iRobot, which suffered larger losses and lower sales as well as a Wall Street estimate miss. In the quarter iRobot Corp. recorded a net loss of $81.1 million, or $2.95 per diluted share, versus a net loss of $30.4 million, or $1.12...
