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iRobot Exploring Strategic Alternatives After Posting Q4 Loss

iRobot Exploring Strategic Alternatives After Posting Q4 Loss

by Mike Duff | Mar 12, 2025 | Appliances, Home + Housewares, Vacuum Cleaners

Robotic cleaning appliance company iRobot announced it would undertake a strategic review of alternatives to move the operation forward after reporting a sales decline and continuing losses in its fourth quarter. The iRobot board of directors has begun a formal...
iRobot Names Engel President & COO As Turnaround Plan Advances

iRobot Names Engel President & COO As Turnaround Plan Advances

by Peter Giannetti | Aug 7, 2024 | Appliances, Home + Housewares, Vacuum Cleaners

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...
iRobot Reports Equity Awards Used To Induce New CEO Cohen

iRobot Reports Equity Awards Used To Induce New CEO Cohen

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,...
iRobot Reports Equity Awards Used To Induce New CEO Cohen

iRobot Hits $275 Price Point With New Roomba Combo Vac/Mop

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...
iRobot Spells Out Expectations for Q1, Fiscal Year

iRobot Spells Out Expectations for Q1, Fiscal Year

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...
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