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iRobot’s future isn’t looking up

iRobot’s future isn’t looking up
iRobot, maker of the iconic Roomba robot vacuum, announced its second-quarter earnings late last week, and the numbers keep going down. Despite launching an entirely new product line, its revenue declined 23 percent to $127.6 million from the previous quarter, with the lucrative US and European markets being hit hardest. The company has struggled in […]

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