IRBT Q4 2024 Earnings Website Statement
The press release regarding the Company’s financial results for the fourth quarter and full year of 2024 announced on March 12 has been the subject of inaccurate and misleading media reports.
It is business as usual at iRobot. The recent news has no direct impact on our business operations or our ability to produce products or serve our customers in Denmark, Sweden, Norway, Finland or the rest of the world. There will be no changes to features or functionality of our robots or the iRobot Home App. as a result of the news.
Our Board of Directors has initiated a strategic review of the business, exploring a broad range of alternatives, including, but not limited to, refinancing the company’s debt, and exploring a potential sale or strategic transaction.
We remain enthusiastic about our strong pipeline of new products as we continue to execute on our iRobot strategy providing our customers innovative home products you have come to expect from us for more than 30 years and will continue to meet our customers' evolving needs.
iRobot 2025 status update statement
iRobot is currently reviewing a range of strategic alternatives and financial options designed to strengthen the business for the future. While this process is underway, we are committed to maintaining our day-to-day operations, product availability, customer service, or warranty commitments. All iRobot products continue to function and receive full support, and customers can continue to shop through the website, app, and retail partners without interruption.
As we move further into the holiday season, our priority remains unchanged: delivering reliable products and ensuring that every customer has the support they need for their iRobot devices to perform as expected. We look forward to continuing to serve households around the world with thoughtful and dependable cleaning technology.