iRobot upgraded by Northland Capital with a new price target

BEDFORD, Mass., March 21, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced that it granted an equity award as a material inducement to the employment of the company's newly-hired Senior Vice President and General Counsel, Kevin Lanouette. Notice of Issuance of Inducement GrantIn connection with the appointment of Mr. Lanouette as Senior Vice President and General Counsel effective January 17, 2025, iRobot granted Mr. Lanouette an employment inducement award consisting of 120,000 time-based restricted stock units ("RSUs") with an eff

Goldman Brings Proven Record of Overseeing Successful Operational and Financial Transformations Expands Size of Board to Nine Directors BEDFORD, Mass., March 12, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced the addition of Neal P. Goldman as an independent director to its Board of Directors, effective immediately, expanding the size of the Board to nine directors, eight of whom are independent. Mr. Goldman is a seasoned executive with extensive public company board experience and a deep background in strategic planning, financi

Continues to Make Progress on "iRobot Elevate" Strategy  Board of Directors Initiates Review of Strategic Alternatives BEDFORD, Mass., March 12, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced its financial results for the fourth quarter and full year ended December 28, 2024. "2024 was a transformational year for iRobot, marked by the continued and successful execution of our five-point iRobot Elevate turnaround strategy as we've meaningfully reduced operating losses, improved gross margins and optimized cash flow," said Gary Cohen

JP Morgan downgraded iRobot from Neutral to Underweight and set a new price target of $45.00 from $65.00 previously

Northland Capital upgraded iRobot from Market Perform to Outperform and set a new price target of $85.00

Citigroup reiterated coverage of iRobot with a rating of Neutral and set a new price target of $80.00 from $95.00 previously

4 - IROBOT CORP (0001159167) (Issuer)

4 - IROBOT CORP (0001159167) (Issuer)

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BEDFORD, Mass., March 21, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced that it granted an equity award as a material inducement to the employment of the company's newly-hired Senior Vice President and General Counsel, Kevin Lanouette. Notice of Issuance of Inducement GrantIn connection with the appointment of Mr. Lanouette as Senior Vice President and General Counsel effective January 17, 2025, iRobot granted Mr. Lanouette an employment inducement award consisting of 120,000 time-based restricted stock units ("RSUs") with an eff

Goldman Brings Proven Record of Overseeing Successful Operational and Financial Transformations Expands Size of Board to Nine Directors BEDFORD, Mass., March 12, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced the addition of Neal P. Goldman as an independent director to its Board of Directors, effective immediately, expanding the size of the Board to nine directors, eight of whom are independent. Mr. Goldman is a seasoned executive with extensive public company board experience and a deep background in strategic planning, financi

BEDFORD, Mass., Dec. 9, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced that it granted an equity award as a material inducement to the employment of the company's newly-hired Senior Vice President and Chief Human Resources Officer, Jules Connelly. Notice of Issuance of Inducement GrantIn connection with the appointment of Ms. Connelly as Senior Vice President and Chief Human Resources Officer effective December 2, 2024, iRobot granted Ms. Connelly an employment inducement award consisting of 120,000 time-based restricted stock uni

Continues to Make Progress on "iRobot Elevate" Strategy  Board of Directors Initiates Review of Strategic Alternatives BEDFORD, Mass., March 12, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced its financial results for the fourth quarter and full year ended December 28, 2024. "2024 was a transformational year for iRobot, marked by the continued and successful execution of our five-point iRobot Elevate turnaround strategy as we've meaningfully reduced operating losses, improved gross margins and optimized cash flow," said Gary Cohen

BEDFORD, Mass., Feb. 14, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced that the company will host its fourth-quarter and full-year 2024 earnings conference call on Wednesday, March 12. Prior to the call, iRobot will issue a press release announcing its fourth-quarter and full-year financial results, along with supplemental financial information. The earnings press release will be posted to the company's investor relations website at https://investor.irobot.com/news-releases. Conference Call DetailsDate: Wednesday, March 12Time: 8

BEDFORD, Mass., Jan. 13, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ:IRBT), a leader in consumer robots, today announced its preliminary financial results for the fourth quarter ended December 28, 2024. Based on preliminary financial results, iRobot expects to report fourth-quarter revenue of approximately $171 million, GAAP operating loss of approximately ($59) million and non-GAAP operating loss of approximately ($47) million. The Company expects to report approximately $134 million in cash and cash equivalents as of the end of fiscal 2024, exceeding its internal forecast and

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