Shares of iRobot plunged more than 30% on Wednesday after the Roomba maker said there is "substantial doubt" about its ability to stay in business. The Roomba maker faces mounting debt and sputtering ...
The continued existence of iRobot is questionable, as it is spending the last of the money it has to keep its already-sold products alive in the hopes of finding more cash or a buyer. The ...
Consumer robot maker iRobot (NASDAQ:IRBT) plunged in early trading on Wednesday after the company posted weak Q4 results and issued a going concern warning. Revenue was down 44% to $172 million in Q4, ...
Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor. By Meaghan Tobin and Xinyun Wu Reporting from ...
iRobot filed for bankruptcy this week, sending the stock into freefall. Short-seller Spruce Point Capital had been betting against the Roomba maker since 2014. The firm's founder shared his thoughts ...
BEDFORD, Mass., Dec. 14, 2025 /PRNewswire/ -- iRobot Corporation (NASDAQ: IRBT) ("iRobot" or the "Company"), a leader in consumer robots, today announced that it entered into a Restructuring Support ...
Whether your Roomba is experiencing problems with Wi-Fi connectivity, charging or reduced performance, you may need to reboot ...