It was a feat iRobot achieved after a decade or so of throwing concepts against the wall, ultimately achieving success through a combination of outward-facing simplicity and under-the-hood sophistication. Notable recent additions to the dust bin of social home robotics history include Anki and Jibo. Founded in Los Angeles in early 2016 by USC robotics professor Maja Matarić and former iRobot CTO Paolo Pirjanian, Embodied is the latest company to swing for the fences here.

Two key valuation ratios suggest potential bargains Continue reading...

Due to the pandemic, iRobot (IRBT) lowers sales view for first-quarter 2020 and withdraws annual projections. It expects to witness relief if Roomba products get excluded from Section 301 tariffs.

iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that the company plans to participate in the following virtual investor conferences in early June. Pertinent details include:

iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, announced today it will issue its first-quarter 2020 financial results after market close on Tuesday, April 28. The earnings press release will be posted at https://investor.irobot.com/news-releases.

Shares of iRobot Corp. fell nearly 8% in the extended session Tuesday after the marker of Roomba reported a narrower-than-expected adjusted loss in the first quarter and better-than-expected sales, but cast doubt on future sales of its pricey cleaning devices. IRobot said it lost $18 million, or 64 cents a share, in the first quarter, versus a profit of $23 million, or 78 cents a share, in the first quarter of 2019. Adjusted for one-time items, the company lost 32 cents a share, versus a profit of 96 cents a share a year ago. Revenue fell 19% to $192.5 million, the company said. Analysts polled by FactSet had expected iRobot to report an adjusted loss of 42 cents a share on sales of $191 million. "Cleaning products are increasingly top of mind with consumers today, although the uncertain economic environment now facing consumers is likely to weigh heavily on when, where and whether they will buy a new Roomba or Braava robot," the company said in a statement. The company also missed out on demand, saying it was unable to "completely fulfill anticipated first-quarter demand for certain premium robots due to design-driven engineering and supply chain challenges that were unexpectedly complicated by the impact of COVID-19" on itself, contractors and suppliers. The stock ended the regular trading day up 7.1%.

Investors shrugged off the near-term headwinds at the consumer technology company, and the stock was a big winner in the market rally.

Cotoia's compensation boost placed him among the highest-paid chief executives of tech companies based in Massachusetts, right behind iRobot CEO Colin Angle.

San Diego, California--(Newsfile Corp. - March 24, 2020) -   Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in shares of iRobot Corporation (NASDAQ: IRBT).Investors, who purchased shares of iRobot Corporation (NASDAQ: IRBT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.On October 24, 2019, a lawsuit was filed against iRobot Corporation over alleged Securities Laws Violations. The plaintiff alleges that iRobot ...

iRobot's (IRBT) first-quarter 2020 earnings suffer from the impacts of the coronavirus outbreak. Sales challenges are likely to persist in the near term, while cost-savings and other actions to aid.

iRobot® Corp. (NASDAQ: IRBT), the leader in consumer robots, today announced iRobot Education, providing educators and parents with access to educational robots, online resources and programming to inspire the next generation of roboticists, programmers, engineers and scientists. iRobot Education brings together all iRobot education-based products and services, including the Root® coding robot, Create® 2 programmable robot, a new, free proprietary iRobot Coding platform, a learning library with both complimentary and premium academic activities, and the company's STEM outreach program.

Consumer robot maker iRobot Corp. said late Monday said it was having its employees work from home if possible and pulled its outlook for the year because of the COVID-19 pandemic. Because the "pandemic has disrupted certain iRobot sales and manufacturing supply chain activities and constrained the company's ability to address those and other related challenges," iRobot forecast first-quarter revenue of $175 million to $185 million and withdrew its forecast for the year. Analysts surveyed by FactSet had forecast revenue of $210.2 million. Shares of iRobot declined 0.6% after hours, following a 5.4% rise to close the regular session at $40.76.

Q1 2020 iRobot Corp Earnings Call

iRobot (IRBT) delivered earnings and revenue surprises of 4.48% and 6.96%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the first quarter ended March 28, 2020.

In its quarterly earnings today, iRobot announced an indefinite delay of its lawnmowing robot, Terra. No surprise, the company says fallout from the COVID-19 pandemic is to blame for the uncertainty. More specifically, it blames “current market realities.”

iRobot's (IRBT) operations are exposed to the adverse impacts of the coronavirus outbreak as well as tariff-related woes and stiff competition. It withdraws projections for 2020.

IRobot shares were cut to underweight at J.P. Morgan. Analyst Mark Strouse said iRobot stock is overvalued after it surged 50% since March 18.

The robot maker reported first-quarter results as it struggles with the novel coronavirus outbreak and tariffs.

One side effect of the COVID-19 pandemic is that it has made it extremely difficult to ascertain the underlying trends in any given business. Is iRobot too reliant on its Roomba robotic vacuum cleaners, and/or can it successfully develop sales of its Braava robotic mops -- and in the future, Terra robotic lawnmowers? Given that the company sources product from China, what impact will the trade conflict have on its margins?