Maker of Roomba has ‘substantial doubt’ about surviving

Roomba maker says 'substantial doubt' about future of company
Robot, the firm behind the well-known Roomba vacuums, has issued a warning of “substantial doubt" about the future of the company.
The maker of Roomba has ‘substantial doubt’ about surviving
Roomba’s parent company is warning that its future is on shaky ground, more than a year after a planned $1.7 billion acquisition by Amazon fell through.
Why shares of Roomba-maker iRobot just hit an all-time low
iRobot, maker of the Roomba autonomous vacuum, has suffered over the past few years from slumping sales, failed new products, and an aborted takeover attempt by Amazon.
Roomba maker iRobot doubts it can survive the next 12 months
Robot's success spawned a whole new industry, and it didn't take long for competitors to bring rival cleaning bots to market – often at lower price
iRobot Stock Nosedives as Roomba Maker Warns of Going Concern Ability
Shares of iRobot Corp. are plunging Wednesday after the company behind the Roomba robotic vacuum warned about its "ability to continue as a going concern" and started a strategic review.
iRobot has new Roombas, but it doesn't sound confident it'll be around to sell them
Robot, the creator of the Roomba and the company that popularized robot vacuums in the first place, told investors on Wednesday that it has "substantial doubt about [its] ability to continue." Beyond declining sales — the company reported that revenue decreased 47 percent in the US over the prior year in its fourth quarter earnings — iRobot is also struggling to pay off its debts.
No More Roomba? iRobot Warns That Its Business Might Not Survive
Mounting losses and declining revenue following the collapse of an Amazon acquisition 'raise substantial doubt about [iRobot's] ability to continue,' the company tells investors.
Roomba maker iRobot warns it may go out of business, sending shares plunging
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.
Roombas are making a comeback, with iRobot’s biggest ever launch
This year has been huge for robot vacuums, with new and upcoming models from Dreame, Eureka, and Roborock now clambering over obstacles, targeting water spills and even picking up your socks, all in the name of more effective,
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Roomba's New Entry-Level Robot Vacs Have 3 Premium Features, Upcharge Not Included
Robot 2025 lineup brings formerly high-end features to its entry-level and midrange models. Here's what's new.
Roomba-Maker Warns Investors It Could Die, Stock Craters
Robot’s stock fell as much as 40% early Wednesday after the maker of robot vacuums told investors that it has “” Sales were ...
Roomba Maker iRobot Warns of Going Concern, Initiates Strategic Review
Robot warned investors of a going concern to maintain enough assets to operate and pay its debts, and said it has initiated a ...
Roomba vacuum maker iRobot warns it may go bust, sending stock down 30%
After its latest financial figures were worse than forecast, the company said there’s “substantial doubt” it can survive ...
Roomba maker iRobot, once Amazon's takeover target, flags going concern risk
Roomba vacuum cleaner maker iRobot , a former $1.4 billion buyout target of Amazon.com , raised concerns on Wednesday about its ability to stay in business.
iRobot’s Future in Doubt as Board Explores Options, Including a Potential Sale
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.
Roomba creator iRobot was once courted by Amazon for a vacuum revolution. Now, it might go out of business
Robot became synonymous with home robots when it introduced the Roomba vacuum over 20 years ago, eventually selling 50 ...