Core Insights - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by iRobot Corporation and its officers/directors [1] - iRobot reported a significant financial loss in Q4 2024, with a loss of $2.06 per share and revenue of $172 million, marking a 44% year-over-year decline [3] - Following the financial report, iRobot's stock price dropped by 51.58%, closing at $3.055 per share [3] Financial Performance - iRobot's Q4 2024 loss was $2.06 per share [3] - Revenue for the quarter was $172 million, reflecting a 44% decline compared to the previous year [3] - The company expressed substantial doubt about its ability to continue as a going concern for at least 12 months from the issuance of its 2024 financial statements [3] Market Reaction - iRobot's stock price fell by $3.255 per share, or 51.58%, over two trading sessions following the financial results announcement [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of iRobot Corporation - IRBT