Robohub.org
 

iRobot is on a tear


by
17 February 2014



share this:

 

 

On February 5th iRobot reported their quarterly and annual report. 4Q revenue was up 25% from the previous year and full year 2013 revenue of $487 was up 12%.

“2013 was a great year for iRobot. Our Home Robot business increased 20 percent over 2012, driven by growth in both domestic and overseas markets,” said Colin Angle, chairman and CEO. “All three of our businesses met our expectations and made significant progress against their strategic plans, setting us up well for 2014.

Since that 2/5 announcement, iRobot’s stock has risen $10, about 23%. Pundits and financial analysts suggest the following reasons for the sudden rise in iRobot’s stock:

  • Projected revenue for 2014 is $560-$570 million – about 16% higher than in 2013.
  • A recent NASDAQ/Zacks report cited that among the 50 leading companies in the electronics and instruments industry, iRobot’s patent portfolio was ranked #5 in the Overall category. In the Science Strength category, the company received a #2 rank, while it was ranked #3 in the Industry Impact category. iRobot has approximently 238 patents in its name in the U.S. and more than 400 worldwide.
  • Home robots are just getting started and iRobot’s new Roomba 880 is their most functionally useful floor cleaner yet and their new Scooba floor cleaner may be just as good.
  • Remote presence robots, of which iRobot has two partnerships (with Cisco and InTouch Health) and their AVA mobile platform are still in their infancy but are likely to do well for the next few years.

Source: iRobot Press Release and NASDAQ/Zacks post



tags: ,


Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



Livestream of RoboCup2025

  18 Jul 2025
Watch the competition live from Salvador!

Tackling the 3D Simulation League: an interview with Klaus Dorer and Stefan Glaser

and   15 Jul 2025
With RoboCup2025 starting today, we found out more about the 3D simulation league, and the new simulator they have in the works.

An interview with Nicolai Ommer: the RoboCupSoccer Small Size League

and   01 Jul 2025
We caught up with Nicolai to find out more about the Small Size League, how the auto referees work, and how teams use AI.

RoboCupRescue: an interview with Adam Jacoff

and   25 Jun 2025
Find out what's new in the RoboCupRescue League this year.

Robot Talk Episode 126 – Why are we building humanoid robots?

  20 Jun 2025
In this special live recording at Imperial College London, Claire chatted to Ben Russell, Maryam Banitalebi Dehkordi, and Petar Kormushev about humanoid robotics.

Gearing up for RoboCupJunior: Interview with Ana Patrícia Magalhães

and   18 Jun 2025
We hear from the organiser of RoboCupJunior 2025 and find out how the preparations are going for the event.

Robot Talk Episode 125 – Chatting with robots, with Gabriel Skantze

  13 Jun 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Gabriel Skantze from KTH Royal Institute of Technology about having natural face-to-face conversations with robots.

Preparing for kick-off at RoboCup2025: an interview with General Chair Marco Simões

and   12 Jun 2025
We caught up with Marco to find out what exciting events are in store at this year's RoboCup.



 

Robohub is supported by:




Would you like to learn how to tell impactful stories about your robot or AI system?


scicomm
training the next generation of science communicators in robotics & AI


©2025.05 - Association for the Understanding of Artificial Intelligence


 












©2025.05 - Association for the Understanding of Artificial Intelligence