Robot became synonymous with home robots when it introduced the Roomba vacuum over 20 years ago, eventually selling 50 ...

In a regulatory filing on Wednesday, iRobot (IRBT) announced that its Board of Directors has initiated a formal strategic review to evaluate a ...

The company said it was exploring options, including a potential sale or debt refinancing, just a day after it launched eight ...

A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be able to continue to operate.

The company behind the popular Roomba vacuums revealed severe financial instability, highlighting declining revenue and mounting losses. iRobot has now withdrawn its 2025 financial guidance and ...

The loss-making company was once valued at $3.56 billion in 2021, driven by pandemic-fueled demand. It is now worth less than $200 million.

Robot’s stock fell as much as 40% early Wednesday after the maker of robot vacuums told investors that it has “” Sales were ...

Its financial situation has worsened since Amazon walked away from its $1.7 billion acquisition of iRobot last year, citing regulatory hurdles.

Robot, the creator of the Roomba and the company that popularized robot vacuums in the first place, told investors on ...

The Roomba manufacturer warns there’s ‘substantial doubt’ about its ability to continue as its stock price keeps sliding.

After its latest financial figures were worse than forecast, the company said there’s “substantial doubt” it can survive ...

Mounting losses and declining revenue following the collapse of an Amazon acquisition 'raise substantial doubt about ...