iRobot: Aftermath Of The Ended Merger With Amazon

Waterside Insight
797 Followers

Summary

  • iRobot undergoing a restructuring plan after a failed merger with Amazon.
  • Company focusing on core products to stabilize revenue, cutting costs and expenses significantly.
  • Urgent need for efficiency and revenue expansion, stock price significantly below IPO price, and uncertain future growth prospects.

iRobot Roomba Robot Vacuum Cleaner

Beano5

Investment Thesis

Company Overview

iRobot(NASDAQ:IRBT), founded in 1990 and headquarters in Bedford, Massachusetts, is a robotic company focused on home devices such as floor cleanings, mapping, and navigation, on top of human-robot interaction and physical solutions that using artificial intelligence to incorporate customization specifications

This article was written by

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We are a data-oriented analyst with over 20 years of investment experience in stocks, fixed income, forex, cryptocurrency, commodities futures, and options with success. With our unique approach, we provide independent opinions and insights focused on discovering medium-term investment opportunities.

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