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iRobot Corporation shares rise 1.02% premarket after reporting Q2 revenue of $127.6 million.
ByAinvest
Friday, Aug 8, 2025 4:34 am ET1min read
iRobot Corporation rose 1.02% in premarket trading, with the company reporting a net loss of $22.8 million in its second quarter, which was attributed to market headwinds and production delays. The company's gross margin improved, but its cash position declined significantly. iRobot also suspended financial guidance amid a strategic review and extended its term loan covenant waiver to September 19, 2025.
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