Robohub.org
 

iRobot’s stock takes another hit – stock down 12%

by
07 February 2013



share this:

… iRobot’s stock (IRBT:NASDAQ) has suffered once again from not meeting analyst expectations. The stock is down 12% on news that expectations for 2013 show continuing downward pressure on their Defense & Security Division although their Home Robots are doing quite well.
… On a good note, expected earnings for 2013, including those from newly acquired Evolution Robotics, are expected to grow 11% over 2012. Colin Angle, CEO, said, “Our business performance over the next few years will be driven by our rapidly growing home technology business. Home Robots [Division] is expected to grow roughly 20 percent this year and comprise 90 percent of total company revenue. In addition, we have an emerging remote presence business and have stabilized our defense business.”




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 :



Looking beyond “technology for technology’s sake”

Whether building robots or helping to lead the National Society of Black Engineers, senior Austen Roberson is thinking about the social implications of his field.
08 December 2022, by

Estimating manipulation intentions to ease teleoperation

Introducing an intention estimation model that relies on both gaze and motion features.
06 December 2022, by and

Countering Luddite politicians with life (and cost) saving machines

Beyond aerial tricks, drones are now being deployed in novel ways to fill the labor gap of menial jobs that have not returned since the pandemic.
04 December 2022, by

Call for robot holiday videos 2022

That’s right! You better not run, you better not hide, you better watch out for brand new robot holiday videos on Robohub!
02 December 2022, by

The Utah Bionic Leg: A motorized prosthetic for lower-limb amputees

Lenzi’s Utah Bionic Leg uses motors, processors, and advanced artificial intelligence that all work together to give amputees more power to walk, stand-up, sit-down, and ascend and descend stairs and ramps.

Touch sensing: An important tool for mobile robot navigation

Proximal sensing often is a blind spot for most long range sensors such as cameras and lidars for which touch sensors could serve as a complementary modality.
29 November 2022, by





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association