BEDFORD, Mass., Dec. 9, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it granted an equity award as a material inducement to the employment of the company's newly-hired Senior Vice President and Chief Human Resources Officer, Jules Connelly.

Notice of Issuance of Inducement GrantIn connection with the appointment of Ms. Connelly as Senior Vice President and Chief Human Resources Officer effective December 2, 2024, iRobot granted Ms. Connelly an employment inducement award consisting of 120,000 time-based restricted stock units ("RSUs") with an effective grant date of December 6, 2024. The RSUs will vest over a three-year period, subject to Ms. Connelly's continuous employment on each vesting date.

BEDFORD, Mass., Dec. 3, 2024 /PRNewswire/ -- iRobot Corporation (NASDAQ: IRBT), a leader in consumer robots, today announced that the company's management team will present at the following investor conferences:

Raymond James TMT and Consumer ConferenceDate: Monday, December 9, 2024Location: New York, NYPresentation: 3:00 p.m. ET

ICR Conference 2025Date: Monday, January 13, 2025Location: Orlando, FLPresentation: 2:30 p.m. ET

BEDFORD, Mass., Nov. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Julie Zeiler, the company's chief financial officer, and Russ Campanello, the company's chief human resources officer, will retire, effective December 2, 2024. Karian Wong, iRobot's senior vice president and principal accounting officer, will succeed Ms. Zeiler as chief financial officer, and Jules Connelly, the company's former senior director of human resources, will succeed Mr. Campanello as chief human resources officer. As part of a planned succession, Ms. Zeiler and Mr. Campanello are expected to stay on in advisory roles through March 28, 2025.

Continues to Make Progress on "iRobot Elevate" Strategy

Revises Full-year 2024 Outlook

BEDFORD, Mass., Nov. 6, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the third quarter ended September 28, 2024.

"We continue to make progress on our turnaround strategy," said Gary Cohen, iRobot's CEO. "In the third quarter, we expanded our non-GAAP gross margin by 590 basis points year over year and improved our use of operating cash. However, our overall results did not meet the expectations we set in August, as persistent market segment and competitive headwinds impacted our sell-through performance. Although we now expect it will take more time to stabilize our revenue trend, we are on track to exceed our operating expense targets for the year, while at the same time continuing to invest in areas that are expected to drive growth.

BEDFORD, Mass., Oct. 22, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that the company will host its third-quarter 2024 earnings conference call on Wednesday, November 6, 2024. Prior to the call, iRobot will issue a press release announcing its financial results, along with supplemental financial information. The earnings press release will be posted to the company's investor relations website at https://investor.irobot.com/news-releases.

Roomba Combo® 2 Essential and Roomba® Vac 2 Essential give customers 2x cleaning power1 and 60 days of hands-free 2-in-1 cleaning with AutoEmpty™ dock

BEDFORD, Mass., Oct. 21, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced availability of the 2-in-1 Roomba Combo® 2 Essential robot and Roomba® Vac 2 Essential robot in North America. These robots are the first in the company's affordable Essential series that automatically empty their dust bin into an AutoEmpty™ dock after cleaning. The robots also provide 2x the cleaning power of the original Essential series, an enhanced bumper design to more seamlessly navigate, and the ability to recharge and resume during cleaning missions. The Roomba Combo 2 Essential ($424.99 on iRobot.com and at select retailers) and Roomba Vac Essential ($399.99 at select retailers) are packed with important and easy-to-use features, giving customers more time to do the things they love.

BEDFORD, Mass., Sept. 10, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it granted equity awards as a material inducement to the employment of the company's newly-hired President and Chief Operating Officer, Jeff Engel.

Notice of Issuance of Inducement GrantIn connection with the appointment of Mr. Engel as President and Chief Operating Officer effective August 6, 2024, iRobot granted Mr. Engel employment inducement awards consisting of (a) 188,955 time-based restricted stock units ("RSUs") and (b) 181,545 performance-based restricted stock units ("PSUs"), each with an effective grant date of September 6, 2024. The RSUs will vest over a three-year period, subject to Mr. Engel's continuous employment on each vesting date. The PSUs will vest in three tranches over a four-year performance period based on Mr. Engel's continuous employment through the service period for the applicable tranche and iRobot's achievement of certain price milestones of iRobot's common stock.

BEDFORD, Mass., Aug. 12, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, announced the addition of Michael J. Loparco to its board of directors. Mr. Loparco brings to the board extensive public company and global technology leadership experience in areas including consumer product and smart home innovation, manufacturing, global supply chain, mergers and acquisitions, design, enterprise IT, retail and robotics.

BEDFORD, Mass., Aug. 12, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, will participate in the 13th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech 1x1 Conference on Monday, August 19. The company's management team, including iRobot Chief Executive Officer Gary Cohen and Chief Financial Officer Julie Zeiler, will be available for one-on-one virtual meetings with investors. For more information, please contact iRobot's investor relations team via investorrelations@irobot.com.