iRobot Corporation
IRBTiRobot Corporation (IRBT) is a technology company specializing in the design and manufacturing of robotic appliances, primarily for consumer use. Founded in 1990, the company is best known for its Roomba robotic vacuum cleaners and other autonomous cleaning devices. iRobot has expanded its product portfolio to include robots for security, maintenance, and military applications, leveraging advancements in robotics, sensors, and AI to create intelligent, automated solutions for everyday tasks.
Company News
The Trump Administration is signaling increased support for robotics development, with Commerce Secretary Howard Lutnick meeting industry CEOs and planning an executive order, which sparked significant movement in robotics and autonomous vehicle stocks.
Small-cap technology companies in robotics and AI are leveraging strategic acquisitions to scale operations, generate revenue, and prepare for potential uplisting to national exchanges, with Nightfood Holdings emerging as a notable example of this trend.
Faruqi & Faruqi is investigating potential claims against iRobot Corporation, alleging the company made false statements about its financial stability after the termination of the Amazon Acquisition, with investors having until September 5, 2025 to seek lead plaintiff status.
iRobot reported a narrower-than-expected Q2 2025 loss, with revenue exceeding analyst forecasts. Despite improved margins and cost control, the company faces ongoing liquidity challenges and is conducting a strategic review.
Rockwell Automation reported Q3 2024 earnings that beat estimates, but revenue and earnings declined year-over-year due to lower sales volume in the Intelligent Devices and Software & Control segments. The company expects order levels to improve in Q4 but at a slower pace, leading to a revised full-year sales outlook.
