2016 Press Releases

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IROBOT CORP at Nasdaq 35th Investor Program (Replay)
11/30/16 at 6:30 a.m. ET
IROBOT CORP at Nasdaq 35th Investor Program
Wednesday, November 30, 2016 6:30 a.m. ET  
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11/22/16iRobot CFO to Speak at NASDAQ 35th Investor Program
BEDFORD, Mass., Nov. 22, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer home robotics products, today announced that Alison Dean, iRobot's executive vice president and chief financial officer, will discuss the company's achievements and financial outlook on Wednesday, November 30, 2016 at 6:30 a.m. ET at the NASDAQ 35th Investor Program being held in London. The presentation will be accessible live on iRobot's investor relations website at http://investor.irobot.com/... 
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11/21/16iRobot Acquires Japanese Distribution Business from Sales on Demand Corporation
Positions iRobot for Additional Growth in Japan BEDFORD, Mass., Nov. 21, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer home robotics products, today announced that it has signed a definitive agreement to acquire the iRobot-related distribution business of privately-held Sales On Demand Corporation (SODC) based in Tokyo, Japan. The acquisition is expected to close in April 2017. The acquisition will better enable iRobot to maintain its leadership position and acce... 
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11/03/16iRobot To Host Analyst Day
BEDFORD, Mass., Nov. 3, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, announced today it will host an invitation only Analyst Day on November 10, 2016 in Boston from 10:30 a.m. to 1:00 p.m. Eastern Time. The day's agenda includes presentations by Colin Angle, iRobot's chairman & chief executive officer, Alison Dean, executive vice president and chief financial officer, and other senior executives. A webcast of the event will be a... 
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10/25/16iRobot Reports Strong Third-Quarter Financial Results
Exceeds Third-Quarter and Increases Full-Year 2016 Financial Expectations BEDFORD, Mass., Oct. 25, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the third quarter ended October 1, 2016. "Our third-quarter performance was outstanding. We delivered revenue and profitability exceeding our expectations. Based on our Q3 results and the excellent momentum we have going into the holiday sea... 
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10/18/16iRobot Schedules Third-Quarter 2016 Earnings Call
BEDFORD, Mass., Oct. 18, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, announced today it will issue its third-quarter 2016 financial results after market close on October 25. iRobot will host a live webcast and conference call, open to all interested investors, to review third-quarter 2016 financial results and outlook for 2016 financial performance on Wednesday, October 26. The earnings press release and prepared remarks docum... 
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09/14/16iRobot Names PTC's Andrew Miller to Board of Directors
BEDFORD, Mass., Sept. 14, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced the addition of Andrew Miller, executive vice president and chief financial officer at PTC, to its board of directors increasing its size to nine members. Miller brings critical financial leadership as well as a software, cloud infrastructure and Internet of Things (IoT) experience to iRobot as the Company continues to grow its consumer business g... 
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08/04/16iRobot Expands Connected Product Line with Roomba® 960
Company also brings iRobot HOME App compatibility to Braava jet® Mopping Robot BEDFORD, Mass., Aug. 4, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced the Roomba® 960 Vacuuming Robot starting at $699. The second 900 Series Roomba to be introduced by iRobot, Roomba® 960 extends mapping, adaptive navigation with visual localization and cloud connected app control to a wider range of consumers, providing high-efficiency... 
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08/03/16iRobot CEO to Speak at the Canaccord Genuity Annual Growth Conference
BEDFORD, Mass., Aug. 3, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that Colin Angle, iRobot's chairman and chief executive officer, will discuss the company's achievements and financial outlook on Wednesday, August 10, 2016 at 10:00 a.m. ET at the Canaccord Genuity Annual Growth Conference being held in Boston, MA. The presentation will be accessible live on iRobot's investor relations website at http://invest... 
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07/26/16iRobot Reports Strong Second-Quarter Financial Results
Increases Full-Year 2016 Financial Expectations; U.S. Q2 Revenue Up More Than 25% BEDFORD, Mass., July 26, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the second quarter ended July 2, 2016. "Our second quarter revenue was at the high end of our expectations, while Q2 earnings exceeded expectations. Based on our Q2 results, and our outlook for the rest of 2016, fueled by the U.S. mo... 
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07/19/16iRobot Schedules Second-Quarter 2016 Earnings Call
BEDFORD, Mass., July 19, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, announced today it will issue its second-quarter 2016 financial results after market close on July 26.  iRobot will host a live webcast and conference call, open to all interested investors, to review second-quarter 2016 financial results and outlook for 2016 financial performance on Wednesday, July 27. The earnings press release and prepared remarks documen... 
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07/13/16iRobot Scaling Connected Product Business on Amazon Web Services
BEDFORD, Mass., July 13, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced it is using Amazon Web Services (AWS) to address significant opportunities within its consumer business and the connected home. iRobot has sold more than 15 million robots worldwide and reached a strategic milestone last September with the launch of the Roomba® 980, its first connected robot that systematically maps the home. Leveraging AWS Io... 
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05/31/16iRobot Names Christian Cerda Chief Operating Officer
BEDFORD, Mass., May 31, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that as part of the company's strategic realignment to focus on the consumer market, it has appointed Christian Cerda as chief operating officer (COO). Cerda previously served as executive vice president and general manager of iRobot's Home Robots business unit. As COO, Christian will lead Global Commercial and Supply Chain Operations, overseeing ma... 
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05/25/16iRobot Announces Preliminary Results Of Annual Meeting Of Stockholders
Results Indicate Shareholders Support the Election of iRobot's Director Nominees BEDFORD, Mass., May 25, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that, based on the preliminary vote count provided by its proxy solicitor following the Company's 2016 Annual Meeting of Stockholders, shareholders have voted to elect iRobot's director nominees – Mohamad Ali and Michael Bell – to the iRobot Board of Directors. ... 
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05/18/16Leading Independent Proxy Advisory Firm Egan-Jones Recommends iRobot Shareholders Vote "FOR" ALL iRobot Director Nominees on WHITE Proxy Card
BEDFORD, Mass., May 18, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT) ("iRobot" and the "Company"), a leader in delivering robotic technology-based solutions, today announced that Egan-Jones Proxy Services ("Egan-Jones"), an independent proxy voting and corporate governance firm, has recommended that iRobot shareholders vote "FOR" iRobot's highly-qualified and experienced director nominees – Mohamad Ali and Michael Bell – on the WHITE proxy card at the Company's Annual Meeting of Stockholders... 
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05/16/16iRobot Chairman and CEO Mails Letter to Shareholders
May 25th Election Crucial to Ensuring iRobot's Continued Growth and Market Leadership Shareholders Urged to Vote "FOR" ALL iRobot Director Nominees on the WHITE Proxy Card Today BEDFORD, Mass., May 16, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that it has mailed the following letter to shareholders in connection with the Company's upcoming Annual Meeting of Stockholders to be held on May 25, 2016. The ... 
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05/12/16iRobot Issues Open Letter to Shareholders
Recommends Shareholders Vote FOR ALL iRobot Nominees on the WHITE Proxy Card Today BEDFORD, Mass., May 12, 2016 /PRNewswire/ -- iRobot Corporation (NASDAQ: IRBT) ("iRobot" or the "Company"), a leader in delivering robotic technology-based solutions, today issued the following open letter to iRobot shareholders from its Lead Independent Director, Deborah Ellinger, and recommended that iRobot shareholders vote FOR iRobot's highly-qualified and experienced director nominees – Mohamad Ali and Mic... 
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05/10/16iRobot Comments on ISS Recommendation
Recommends Shareholders Vote FOR ALL iRobot Nominees on the WHITE Proxy Card BEDFORD, Mass., May 10, 2016 /PRNewswire/ -- iRobot Corporation (NASDAQ: IRBT) ("iRobot" and the "Company"), a leader in delivering robotic technology-based solutions, today issued the following statement in response to a report by Institutional Shareholder Services ("ISS") regarding the election of directors to iRobot's Board of Directors at iRobot's 2016 Annual Meeting of Stockholders to be held on May 25, 2016: ... 
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04/26/16iRobot Reports First-Quarter Financial Results
Domestic Revenue Grew More Than 50% Year over Year; Reaffirms Full-Year Expectations BEDFORD, Mass., April 26, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the first quarter ended April 2, 2016. "Our first quarter results were outstanding. Home Robot revenue grew 15% over Q1 2015, driven by significant growth in the United States following a record Q4 2015," said Colin Angle, chairm... 
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04/21/16iRobot Lead Independent Director Sends Letter To Shareholders
Urges Shareholders to Vote "FOR" the iRobot Director Nominees on The WHITE Proxy Card Today BEDFORD, Mass., April 21, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that iRobot has mailed a letter to shareholders from its Lead Independent Director, Deborah Ellinger, outlining the Board's approach to overseeing the Company's strategy, capital allocation, and R&D. The letter also outlines the critical skills ... 
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04/19/16iRobot Schedules First-Quarter 2016 Earnings Call
BEDFORD, Mass., April 19, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, announced today it will issue its first-quarter 2016 financial results after market close on April 26.  iRobot will host a live webcast and conference call, open to all interested investors, to review first-quarter 2016 financial results and outlook for 2016 financial performance on Wednesday, April 27. The earnings press release and prepared remarks docume... 
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04/14/16iRobot Responds To Red Mountain Capital
Red Mountain Capital Has a Fundamental Lack of Understanding of iRobot's Business Willem Mesdag Has a Personal Agenda to Join the Board Despite No Known Operating Experience or Industry Expertise iRobot Sets the Record Straight on Company Performance Urges Shareholders to Protect Their Investment By Voting "FOR" the iRobot Director Nominees on the WHITE Proxy Card Today BEDFORD, Mass., April 14, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technolo... 
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04/06/16iRobot Board of Directors Sends Letter to Shareholders Outlining Perspectives of Director Nominees Mohamad Ali and Michael Bell
Urges Shareholders to Vote "FOR" the iRobot Director Nominees on The WHITE Proxy Card Today BEDFORD, Mass., April 6, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that it has mailed a letter to shareholders that provides insight into the personal perspectives of iRobot's newest directors, Mohamad Ali and Michael Bell. Messrs. Ali and Bell bring critical software, cloud infrastructure, technology development a... 
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04/04/16iRobot Announces Closing of Defense & Security Business Sale to Arlington Capital Partners
Endeavor Robotics, established by Arlington Capital Partners, to focus on the defense, public safety and industrial markets BEDFORD, Mass., April 4, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that it has closed the previously announced sale of its Defense & Security business to Arlington Capital Partners for up to $45 million in total consideration, including a contingent payment based on achieving cert... 
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03/30/16iRobot Files Definitive Proxy Materials And Mails Letter To Shareholders
Urges Shareholders to Vote "FOR" the iRobot Director Nominees on The WHITE Proxy Card BEDFORD, Mass., March 30, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that it has filed definitive proxy materials with the Securities and Exchange Commission in connection with iRobot's Annual Meeting of Shareholders on May 25, 2016.  iRobot shareholders of record as of the close of business on April 5, 2016 will be entitled to... 
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03/15/16iRobot Grows Consumer Product Lineup with Braava jet™ Mopping Robot
Braava jet™ mops hard floors to remove daily dirt and stains for cleaner floors and a fresher home BEDFORD, Mass., March 15, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), the leader in delivering robotic technology-based solutions, today announced the Braava jet™ Mopping Robot. Designed to mop hard floor surfaces with high amounts of traffic, Braava jet is great for the kitchen and bathroom. Starting at $199 USD, Braava jet combines a compact design, Vibrating Cleaning Head, Precision Jet... 
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03/14/16iRobot Appoints Michael Bell to Board of Directors
Deborah Ellinger Named Lead Independent Director George McNamee to Retire Company Announces Corporate Governance Enhancements BEDFORD, Mass., March 14, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that Michael Bell has been appointed to the Board of Directors, effective immediately. He will stand for election at the upcoming iRobot Annual Meeting of Shareholders along with Mohamad Ali. George McNamee will re... 
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03/01/16iRobot to Repurchase $85 Million of its $100 Million Authorization in an Accelerated Stock Repurchase Transaction
BEDFORD, Mass., March 1, 2016 /PRNewswire/ -- iRobot Corporation (NASDAQ: IRBT) today announced that it has entered into an accelerated stock repurchase agreement ("ASR Agreement") with JPMorgan Chase Bank, N.A. to repurchase an aggregate of $85.0 million of iRobot's common stock. The ASR Agreement was entered into as part of the Company's previously announced 2016 stock repurchase program, pursuant to which the Company plans to repurchase over $100 million of its common stock. "We are plea... 
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02/23/16iRobot Management to Speak at Upcoming Investor Conferences
BEDFORD, Mass., Feb. 23, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that Colin Angle, iRobot's chairman and chief executive officer, will discuss the company's achievements and financial outlook on Tuesday, March 1, 2016 at 9:30 a.m. PT at the JMP Securities Technology Conference being held in San Francisco, CA. The JMP Conference presentation will be accessible live on iRobot's investor relations website at h... 
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02/18/16iRobot Confirms Receipt of Director Nominations from Red Mountain
BEDFORD, Mass., Feb. 18, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today confirmed that it has received notice from Red Mountain Capital that Red Mountain plans to nominate two director candidates to stand for election to iRobot's Board of Directors at the Company's 2016 annual meeting of stockholders. iRobot issued the following statement: The iRobot Board of Directors and management team have had extensive discussions ... 
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02/10/16iRobot Reports Fourth-Quarter and Full-Year Financial Results
Q4 and Full-Year Revenue and EPS Exceed Expectations; Record 4th Quarter Revenue Plans Incremental 2016 Investment to Drive Longer-Term Growth BEDFORD, Mass., Feb. 10, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the fourth quarter and full year ended January 2, 2016. "2015 was another great year for iRobot. Throughout the year, we made strategic investments in our business that ... 
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02/04/16iRobot Announces Sale of Defense & Security Business to Arlington Capital Partners
Company reaffirms Q4 and FY 2015 expectations; expects results at high end Expands share repurchase program to $100 million BEDFORD, Mass., Feb. 4, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced that it has signed a definitive agreement to sell its Defense and Security business to Arlington Capital Partners for up to $45 million in total consideration, including a contingent payment based on achieving certain mil... 
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02/03/16iRobot Schedules Fourth-Quarter and Full-Year 2015 Earnings Call
BEDFORD, Mass., Feb. 3, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, announced today it will issue its fourth-quarter and full-year 2015 financial results after market close on February 10.  iRobot will host a live webcast and conference call, open to all interested investors, to review fourth-quarter and full-year 2015 financial results and outlook for 2016 financial performance on Thursday, February 11. The earnings press re... 
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01/06/16iRobot CFO to Speak at 18th Annual Needham Growth Stock Conference
BEDFORD, Mass., Jan. 6, 2016 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT) today announced that Alison Dean, iRobot's chief financial officer, will present at the 18th Annual Needham Growth Stock Conference being held at the New York Palace Hotel at 2:10 p.m. ET on Wednesday, January 13, 2016.  The live presentation will be accessible on iRobot's investor relations website at http://investor.irobot.com/phoenix.zhtml?c=193096&p=irol-EventDetails&EventId=5213717, and an audio replay wi... 
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