iRobot (IRBT) Exhibits Strong Prospects Despite Headwinds
IRBTiRobot(IRBT) Zacks Investment Research·2024-03-15 01:46

iRobot Corporation (IRBT) is benefiting from solid product offerings and customer base. Innovation capabilities, expansionary vision, operational initiatives and manufacturing in China and Malaysia should drive the company’s growth. Also, iRobot continues to invest in higher-value robotics, computer vision, machine learning and complex mechanical design to improve the core functionality of the robots, which is expected to be beneficial in the quarters ahead. The company’s diversified product portfolio has b ...