Tag Archives: iRobot

iRobot Q2 Net Edges Up 2.8 Percent

iRobot Posts Loss in Q4; Net Falls 57 Percent for Year

BEDFORD, Mass.-Strong growth from the home-robot business plus reduced expenses brought a 2.8 percent gain in second-quarter net income for iRobot, to $8.5 million. Revenue in the quarter, which ended on June 28, totaled $139.8 million, up 7.2 percent from last year’s second quarter. Colin Angle, iRobot’s chairman and CEO, cited the increase in home-robotMore »

Last updated: July 23, 2014

iRobot Goes from Loss to Gain in Q4

iRobot Posts Loss in Q4; Net Falls 57 Percent for Year

BEDFORD, Mass.-iRobot ended what its chairman and CEO, Colin Angle, termed “a great year” for transforming a fourth-quarter net loss of $5.9 million from the prior year to net income of $3.2 million. For its 2013 fiscal year ending on Dec. 28, the robot technology manufacturer posted net income of $27.6 million, up a resoundingMore »

Last updated: February 6, 2014

iRobot COO Beck Leaves as Company Streamlines Leadership

Jeff Beck

BEDFORD, Mass.-Jeff Beck, chief operating officer of iRobot, has resigned his post as the company has taken actions to streamline its executive leadership. An iRobot statement said Beck is leaving “to pursue his own professional ambitions outside of the company.” Colin Angle, chairman and CEO, said that as part of a company realignment, the responsibilitiesMore »

Last updated: December 3, 2013

iRobot Net Falls 48.7 Percent in Q3

iRobot Posts Loss in Q4; Net Falls 57 Percent for Year

BEDFORD, Mass.—Stagnant revenues and rising costs brought a 48.7 percent drop in net income for iRobot in its third quarter, to $7.8 million. Total revenues in the quarter, which ended on Sept. 28, were $124.5 million, down 1.4 percent from last year’s third quarter. In spite of a 16 percent gain in revenue from homeMore »

Last updated: October 23, 2013

iRobot Q2 Net Climbs as Home Robots Drive Sales

iRobot Posts Loss in Q4; Net Falls 57 Percent for Year

BEDFORD, Mass.-Strong results from home robot sales throughout the world propelled iRobot to a 12.5 percent gain in second-quarter net income, to $8.3 million. Net revenue for the quarter, which ended on June 29, jumped 17 percent, with the key drive coming from product sales, which rose 18.8 percent. iRobot reported growth in domestic revenueMore »

Last updated: July 24, 2013