iRobot's first AutoWash™ Dock adds automatic mop pad washing and self-cleaning for a more hands-free customer experiencePowered by iRobot OS Intelligence, new Enhanced Dirt Detect™Technology recognizes and cleans the dirtiest areas even moreBEDFORD, Mass., July 23, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today introduced its most advanced robot vacuum and mop, the Roomba Combo® 10 Max Robot + AutoWash™ Dock. The newly designed 2-in-1 Roomba Combo 10 Max brings independ ...

BEDFORD, Mass., July 18, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it will issue its second-quarter 2024 financial results after market close on Tuesday, August 6, 2024. The earnings press release will be posted to the company's investor relations website at https://investor.irobot.com/news-releases. On August 7, the company will host a live conference call and webcast to review the financial results and to discuss the company's outlook.Conference ca ...

As the field of robotics progresses and enters more and more industries, robotics stocks are becoming increasingly promising investments.AI machine learning (ML) are some of the critical aspects that have formed the basis of robotics today. The advancements in these technologies are allowing the robots to do more and work more efficiently.The application of robotics technology is on the rise in various industries such as manufacturing, healthcare, supply chain and even in sales. Some of them include industr ...

Beano5 iRobot Corp. (NASDAQ:IRBT) used to be one of my go-to stocks in assessing the robotics theme. The company introduced the first Roomba robot vacuum in 2002, and I can still remember the novelty of seeing that little spinning robot vacuum in action. However, the company dropped off my radar after Amazon (AMZN) agreed to purchase the iRobot in August 2022, and I stopped following the company. To my surprise, I was recently browsing through stock charts of Consumer Discretionary stocks when I came across ...

BEDFORD, Mass., June 13, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, announced the addition of Julien Mininberg, former chief executive officer of Helen of Troy, to its board of directors. Mr. Mininberg brings a wealth of global consumer product experience in areas including sales, marketing, retail, finance, mergers and acquisitions, organizational restructuring, strategic planning and corporate turnarounds. iRobot announced the addition of Julien Mininberg to its board o ...

BEDFORD, Mass., June 11, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it granted equity awards on June 7, 2024 as a material inducement to the employment of the company's newly-hired Chief Executive Officer, Gary S. Cohen. Notice of Issuance of Inducement Grant In connection with the appointment of Mr. Cohen as Chief Executive Officer effective May 6, 2024, iRobot granted Mr. Cohen employment inducement awards consisting of (a) 290,000 time-based restri ...

Can its new CEO orchestrate a turnaround? Shares of autonomous vacuum cleaner company iRobot (IRBT 3.67%) were up 12.3% during May, according to data provided by S&P Global Market Intelligence. While that was enough to outpace the nearly 5% for the S&P 500, shareholders might still be disappointed with the final outcome of the month considering the stock was up more than 50% at one point. It's hard to pinpoint the biggest factor that sent iRobot up more than 50% in early May but it was possibly the news of ...

Turnaround plays are risky options, although they do possess a lot of potential upside if they go well. When Amazon's deal to acquire iRobot (IRBT 3.12%) fell through earlier this year, it was as if the air was let out of the robot vacuum maker's stock. Almost in an instant, shares went over a cliff. The company has been struggling to gain traction ever since. Its sales have been declining, the business is struggling to stay out of the red, and cash burn is also a concern. After all of this, iRobot's stock ...

Could this stock really have 200% upside? Warren Buffett is one of the greatest investors of all time but he's not stingy with his knowledge. On the contrary, he wants to be remembered as a teacher. And in 1988, he used his annual letter to shareholders of Berkshire Hathaway to educate investors on something called merger arbitrage. In short, merger arbitrage happens when a stock trades at a price that is lower than what another company has already agreed to pay in a takeover. The first question that Buffet ...

There are some key robotics stocks for investors to buy in May, amid the broader indices like the Nasdaq surging upwards. Some analysts expect the rally for tech stocks in general will continue. The robotics stocks to buy mentioned in this article are powerful names, and I believe they will continue to deliver strong gains to investors. Those who get in early will reap the rewards. Investing a substantial amount in these companies could lead to seven-figure returns later on, as the growth potential of these ...