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Mop Or Map? How Amazon Has Struck 'Digital Gold' In Smart Homes With iRobot Buy
Monday, August 8, 2022 - 6:18am | 539There is more to Amazon.com, Inc’s (NASDAQ: AMZN) acquisition of Roomba-maker iRobot Corporation (NASDAQ: IRBT) in a $1.7 billion deal than meets the eye. What Happened: The robot vacuum cleaner company reportedly has reserves of knowledge about floor...
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Why iRobot Stock Is Trading Lower During Wednesday's After-Hours Session
Wednesday, February 9, 2022 - 5:59pm | 263Shares of IRobot Corp. (NASDAQ: IRBT) tanked following the release of its Q4 earnings report showing a miss on both EPS and sales accompanied with in-line guidance for fiscal year 2022. The company reported a 16% decline in year-over-year Q4 revenue to $455.4 million though noted that full-year...
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iRobot To Sell Its Defense And Security Business To Arlington Capital For $45 Million
Thursday, February 4, 2016 - 3:42pm | 281Shares of iRobot Corporation (NASDAQ: IRBT) were trading higher by more than 4.8 percent on Thursday after the company announced it has sold its defense and security business. iRobot stated that it sold its business segment to Arlington Capital Partners for up to $45 million in total consideration...