iRobot (IRBT.US) reported fourth-quarter revenue below expectations, and the stock price fell by 19%.
Robot vacuum manufacturer iRobot (IRBT.US) reported that the preliminary revenue data for the fourth quarter fell short of expectations, leading to a significant drop of 19% in the company's stock price on Monday. iRobot anticipates fourth quarter revenue of $0.171 billion, down from $0.3075 billion in the same period last year, and also lower than the market forecast of $0.188 billion. The company also expects an operating loss of $59 million, or an adjusted loss of $47 million. The company added that it expects revenue to resume growth in 2025, with a stronger revenue performance in the second half of the year as the product lineup expands.
IRobot Shares Drop on Weak Preliminary 4Q Results
iRobot | 8-K: iRobot Announces Preliminary Fourth-Quarter 2024 Financial Results
IRobot Sees 2nd Half of 2025 Stronger Than First Half >IRBT
IRobot: Remain on Schedule With Product Launches Planned for 2025 >IRBT
IRobot Sees About $134M FY-End Cash, Cash Equivalents >IRBT
IRobot Sees 4Q Adjusted Operating Loss About $47M >IRBT
For 2025, IRobot Currently Expects To Return To YoY Top-line Growth As It Introduces New And Revitalized Products
Express News | IRobot Corp - Expects Year-Over-Year Top-Line Growth in 2025
Express News | IRobot Announces Preliminary Fourth-Quarter 2024 Financial Results
Express News | IRobot Q4 Revenue USD 171 Million
Taking a stroll becomes a sensation! Siasun Robot&Automation from Shenzhen is popular both domestically and internationally, with NVIDIA experts also giving their thumbs up.
After the robotic dog from Yushu Technology became a sensation online, the humanoid robots from Siasun Robot&Automation have also gained immense popularity overseas.
Major signal? Huang Renxun announces NVIDIA's latest breakthrough in the field of physical AI.
Jensen Huang's latest speech sends a significant signal.
The Past Three Years for IRobot (NASDAQ:IRBT) Investors Has Not Been Profitable
New progress! The OpenAI robot project is recruiting, or developing its own Sensors.
① Kalinowski focused on introducing the three positions of the OpenAI Robot&Automation team and their specific responsibilities, including Electronic Perception Engineer, Robot Machinery Design Engineer, and Technical Project Manager; ② The OpenAI team will independently develop Sensors and computational components, powered by OpenAI's in-house AI models.
The humanoid robot standing next to Jensen Huang is entering the ChatGPT moment.
This is an important breakthrough for embodied intelligence because it helps Siasun Robot&Automation tackle one of the biggest bottlenecks on the path to generalization: the problem of 'scarcity of high-quality data,' creating realistic environments and perceiving objects for humanoid robots.
Express News | Kevin Lanouette Named Senior Vice President and General Counsel
Express News | CITIC SEC: The year of mass production for Optimus is expected to inject strong confidence into the humanoid robot Sector.
Musk: The goal this year is to produce thousands of Siasun Robot&Automation humanoid robots, with production increasing tenfold each year over the next two years.
Musk stated that if everything goes smoothly, the production of humanoid robots will increase tenfold by 2026, with the goal of producing between 0.05 million to 0.1 million humanoid robots next year, and then increasing it tenfold again the following year.
Is IRobot Corporation (IRBT) the Best Home Appliance Stock to Buy According to Analysts?