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SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of iRobot Corporation
GlobeNewswire News Room· 2025-07-11 13:49
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against iRobot Corporation for alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by September 5, 2025 [3][5]. Group 1: Allegations Against iRobot - The complaint alleges that iRobot and its executives made false and misleading statements regarding the effectiveness of the Restructuring Plan following the termination of the Amazon Acquisition [5]. - It is claimed that iRobot overstated its ability to operate profitably as a standalone company, raising substantial doubt about its ability to continue as a going concern [5]. - The company's public statements were deemed materially false and misleading at all relevant times [5]. Group 2: Financial Performance - iRobot reported a loss of $2.06 per share on revenue of $172 million for Q4 and full year 2024, marking a 44% year-over-year decline [6]. - The company expressed uncertainty regarding the success of new product launches due to various factors, including consumer demand and macroeconomic conditions, indicating substantial doubt about its financial viability for at least 12 months [6]. Group 3: Market Reaction - Following the announcement of its financial results, iRobot's stock price fell by $3.255 per share, or 51.58%, closing at $3.055 per share on March 13, 2025 [7].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of iRobot Corporation(IRBT) Shareholders
Prnewswire· 2025-07-11 13:00
NEW YORK, July 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in iRobot Corporation ("iRobot Corporation" or the "Company") (NASDAQ: IRBT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of iRobot Corporation investors who were adversely affected by alleged securities fraud between January 29, 2024 and March 11, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/irobot-co ...
X @Forbes
Forbes· 2025-07-09 22:15
The Best Prime Day Robot Vacuum Deals—We Found Markdowns Over 50% Off https://t.co/JuLJFdse2I https://t.co/JuLJFdse2I via @ForbesVetted ...
Proscenic Launches Up to 40% Off Prime Day Deals — Smart Vacuums Starting at Just $99
Globenewswire· 2025-07-08 17:00
Shenzhen, China, July 08, 2025 (GLOBE NEWSWIRE) -- As Amazon Prime Day 2025 kicks off, Proscenic is making headlines with limited-time savings of up to 50% on its most popular home cleaning devices. From July 8 to 11 (CEST), shoppers can score major deals on top-performing models like the P11 Mopping Vacuum and the Q8 and Q8 Max Robot Vacuums—starting at just $99. In addition to the Amazon event, Proscenic is running a parallel summer promotion on its official website through July 18, offering an extra 2 ...
X @Forbes
Forbes· 2025-07-05 21:00
Best Prime Day Robot Vacuum Deals: Save Up To 50% On iRobot And Morehttps://t.co/O9kcJbXnwA https://t.co/MMseritAJe ...
X @Forbes
Forbes· 2025-07-03 15:20
The Best 4th Of July Appliance Sales: Save Up To 50% On Vacuums, Stoves And Morehttps://t.co/YtiqjF2193 https://t.co/AVqAubn5qm ...
Is Walmart Set to Win Big as Back-to-School Shopping Starts Early?
ZACKS· 2025-07-02 14:16
Key Takeaways WMT kicks off its summer savings event July 8-13 with deals in school supplies and electronics among others. WMT targets early shoppers with discounts, Walmart early access and AI-powered shopping tools. WMT's value strategy and flexible delivery options aim to drive traffic amid family budget pressures.Walmart Inc. (WMT) is kicking off the back-to-school season with a bang, launching its Walmart Deals summer savings event from July 8 to 13. The six-day sale promises deep discounts across el ...
Penumbra, Inc. Schedules Second Quarter 2025 Earnings Release and Conference Call for July 29, 2025
Prnewswire· 2025-07-01 20:30
ALAMEDA, Calif., July 1, 2025 /PRNewswire/ -- Penumbra, Inc. (NYSE: PEN) today announced that it will host a conference call to discuss financial results for the second quarter 2025 after market close on Tuesday, July 29, 2025 at 4:30 PM Eastern Time. A press release with second quarter 2025 financial results will be issued after market close that day.Webcast & Conference Call InformationThe conference call can be accessed live over the phone by dialing (888) 596-4144 (conference id: 6572573), or the webcas ...
Graham (GHM) Surges 7.4%: Is This an Indication of Further Gains?
ZACKS· 2025-06-24 12:50
Company Overview - Graham Corporation (GHM) shares increased by 7.4% to $48.40 in the last trading session, with a notable trading volume, contributing to a total gain of 22.5% over the past four weeks [1][2] Sales and Growth Drivers - The recent rally in Graham Corporation's stock is attributed to optimism regarding increased sales of capital equipment to foreign markets and higher aftermarket sales. Additionally, growth in existing programs, improved pricing, and favorable timing of key project milestones are expected to positively impact the company [2] Earnings Expectations - For the upcoming quarterly report, Graham Corporation is projected to post earnings of $0.25 per share, reflecting a year-over-year decline of 24.2%. Revenue is anticipated to reach $54 million, which is an 8.1% increase compared to the same quarter last year [3] Earnings Estimate Trends - The consensus EPS estimate for Graham has remained unchanged over the last 30 days. Historical data indicates that stock prices typically do not continue to rise without trends in earnings estimate revisions, suggesting that monitoring GHM's performance is essential to determine if the recent stock price increase can be sustained [4] Industry Context - Graham Corporation is part of the Zacks Manufacturing - General Industrial industry. Another company in the same sector, Graco Inc. (GGG), saw a 1.6% increase in its stock price, closing at $85.34, with a 0.4% return over the past month [4]
SharkNinja (SN) Earnings Call Presentation
2025-06-19 11:20
INVESTOR PRESENTATION MAY 2025 Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company's current views with respect to, among other things, future events and its future business, financial condition, results of operations and prospects. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "will likely ...