Robot negotiations with another potential acquirer fell through, and its main creditor has set a deadline of Jan. 15 for ...
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, ...
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Massachusetts-based iRobot said in its fourth-quarter and full-year 2024 financial results on Wednesday that there is “substantial doubt” concerning the company’s “ability to continue” after profits ...
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To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Bedford-based Roomba maker ...
Shares of iRobot dropped after the Roomba maker updated risk factors, including a setback in merger efforts and credit-facility issues. The stock is down 34%, to $3.67, midday Monday and has fallen ...
iRobot remains at risk of shutting down. That raises questions about the future of Roomba vacuums. Black Friday shoppers should proceed cautiously. Unfortunately, the latest SEC filing indicates that ...