INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of iRobot Corporation - IRBT

Core Viewpoint - iRobot Corporation is under investigation for potential securities fraud and unlawful business practices following a significant financial loss reported in its fourth quarter and full year 2024 results [1][2]. Financial Performance - For Q4 2024, iRobot reported a loss of $2.06 per share on revenue of $172 million, marking a 44% year-over-year decline [2]. - The company expressed substantial doubt about its ability to continue as a going concern for at least 12 months due to uncertainties surrounding new product launches and market conditions [2]. Stock Market Reaction - Following the financial report, iRobot's stock price dropped by $3.255 per share, or 51.58%, closing at $3.055 per share on March 13, 2025 [2]. Legal Context - Pomerantz LLP is investigating claims on behalf of iRobot investors, indicating potential legal ramifications for the company and its officers [1].