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On Tuesday, iRobot announced its most comprehensive lineup of new consumer products. However, today, Bloomberg reported that the company has raised “substantial doubt” in its earnings results about ...
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, ...
Investors react to a "going concern" warning. There's no clear path to profitability. The company behind the popular Roomba vacuums revealed severe financial instability, highlighting declining ...
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