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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of iRobot Corporation – IRBT

1. Pomerantz LLP is investigating iRobot for potential securities fraud. 2. iRobot reported a Q4 loss of $2.06 per share; revenue down 44%. 3. Substantial doubt exists about iRobot's ability to continue as a going concern. 4. The stock price dropped 51.58% following the financial report. 5. Future product launches face challenges from market conditions and competition.

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Why Very Bearish?

The company's significant loss and doubts about its viability highlight severe financial instability. Historical precedent shows that similar situations have led to drastic long-term declines in share prices.

How important is it?

The investigation raises critical legal and financial concerns affecting investor confidence, positioning it as a major catalyst for share price volatility.

Why Long Term?

Ongoing investigations and poor financial performance will likely affect IRBT's reputation and attract investor caution over time, impacting its stock performance.

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NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of iRobot Corporation (“iRobot” or the “Company”) (NASDAQ: IRBT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether iRobot and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March 12, 2025, iRobot issued a press release reporting its fourth quarter and full year 2024 financial results. For the quarter, iRobot reported a loss of $2.06 per share on revenue of $172 million, representing a 44% year-over-year decline. iRobot also cautioned investors that “there can be no assurance that [iRobot’s] new product launches will be successful due to potential factors, including, but not limited to consumer demand, competition, macroeconomic conditions, and tariff policies.” Accordingly, “[g]iven these uncertainties and the implication they may have on the Company’s financials, there is substantial doubt about the Company’s ability to continue as a going concern for a period of at least 12 months from the date of the issuance of its consolidated 2024 financial statements.” On this news, iRobot’s stock price fell $3.255 per share, or 51.58%, over the following two trading sessions, to close at $3.055 per share on March 13, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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