7 months ago
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iRobot, the creator of the Roomba and the company that popularized robot vacuums in the first place, told investors on Wednesday that it has "substantial doubt about [its] ability to continue."
Beyond declining sales — the company reported that revenue decreased 47 percent in the US over the prior year in its fourth quarter earnings — iRobot is also struggling to pay off its debts. The company Source: https://www.engadget.com/home/smart-home/irobot-has-new-roombas-but-it-doesnt-sound-confident-itll-be-around-to-sell-them-191747458.html?src=rss Disclaimer of liability !!!
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