iRobot tells investors its future is in doubt

iRobot tells investors its future is in doubt

Source: The Verge Since taking out that loan from the Carlyle Group and facing increasing competition from Chinese manufacturers, iRobot has not found a way to become profitable again and says it expects to incur losses for “the foreseeable future.” With no clear path to paying off the debt, the future looks bleak for the…

Read More