iRobot ( (IRBT) ) has issued an announcement.
On March 11, 2025, iRobot Corporation amended its Credit Agreement with TCG Senior Funding L.L.C., waiving certain covenant obligations until May 6, 2025, and requiring more frequent financial reporting. Additionally, Neal P. Goldman was appointed to iRobot’s Board of Directors on March 10, 2025, expanding the board to nine members. Goldman’s extensive experience in strategic planning and financial management is expected to aid iRobot’s ongoing turnaround strategy.
More about iRobot
iRobot is a global consumer robot company that designs and builds intelligent home innovations, including the Roomba robot vacuum. The company focuses on technologies in cleaning, mapping, and navigation to enhance home maintenance and health.
YTD Price Performance: -20.63%
Average Trading Volume: 1,937,082
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $192.8M
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