Yahoo Finance Live anchors discuss news that Roomba maker iRobot is planning to lay off 7% of its workforce.
iRobot (NASDAQ: IRBT ), which develops robotic systems used to clean homes, announced yesterday that it would lay off about 85 of its workers. The iRobot layoffs will affect about 7% of the firm's wor
IRobot Corp., maker of the Roomba robot vacuum cleaner, announced Monday it will lay off about 7% of its workforce, as a wave of job cuts sweeps the tech industry.
iRobot (IRBT) delivered earnings and revenue surprises of -3,900% and 19.79%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
The cuts come on top of a separate round of layoffs iRobot announced last year.
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Amazon is acquiring iRobot Corporation at $61 per share. The deal is subject to a second request by the FTC.

iRobot Is Now A Compelling Buy

06:56am, Friday, 09'th Dec 2022
iRobot is now trading at a lucrative discount to its agreed sale price with Amazon. Potential negative earnings surprises and recession in 2023, in addition to Amazon having the cash to complete the m
Regulators and politicians are currently attempting to unravel over 40 years of antitrust precedent and replace it with an early twentieth-century approach. The new approach would reframe antitrust po
iRobot's (IRBT) third-quarter 2022 revenues decline 36.9% due to lower orders from retailers and distributors in North America and EMEA.

Johnson Controls (JCI) Q4 Earnings Meet, Revenues Miss Mark

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Johnson Controls' (JCI) fourth-quarter fiscal 2022 results are hurt by weakness in the Building Solutions Europe, Middle East, Africa/Latin America segment due to foreign-currency woes.

Xylem (XYL) Beats on Q3 Earnings, Improves 2022 Guidance

05:01pm, Tuesday, 01'st Nov 2022 Zacks Investment Research
Xylem's (XYL) Q2 results benefit from the solid performance across segments. The company raises its 2022 view owing to strong demand and better price realization.

Zebra Technologies (ZBRA) Q3 Earnings Miss, Revenues Dip Y/Y

04:58pm, Tuesday, 01'st Nov 2022 Zacks Investment Research
Zebra Technologies (ZBRA) Q3 results are hurt by weak performance of the Enterprise Visibility & Mobility segment and foreign-currency headwinds.

Cimpress (CMPR) Shares Decline 8% Since Q1 Earnings Release

03:15pm, Monday, 31'st Oct 2022 Zacks Investment Research
Cimpress' (CMPR) Q1 gross margin declined 220 basis points due to inflationary pressure on input costs and product mix shifts in Vista.

Emerson (EMR) Q4 Earnings Beat, Soar Y/Y on Higher Revenues

03:12pm, Monday, 31'st Oct 2022 Zacks Investment Research
Emerson's (EMR) Q4 results benefit from continued automation demand and a robust backlog level.
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