Tariffs are disrupting the robotic cleaning device industry's growth outlook.
In a conference call, company leaders detail how U.S.-China trade war tariffs are wreaking havoc on the robotic vacuum industry.
The robotic vacuum maker lowered its full-year guidance due to the ongoing U.S.-China trade conflict.
|Moving Averages||Sell||Strong Sell||Neutral|
|Technical Indicators||Strong Sell||Strong Sell||Sell|
|Summary||Strong Sell||Strong Sell||Neutral|
iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The Company's portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. The Company sells various products that are designed for use at home. Its consumer products focus on both indoor and outdoor cleaning applications. The Company offers multiple Roomba floor vacuuming robots. Roomba's design allows it to clean under kick boards, beds and other furniture. It offers the Braava family of automatic floor mopping robots designed for hard surface floors. The Roomba 600 series robots offer a three-stage cleaning system. The iRobot HOME Application helps users to choose cleaning options for their home. Its Mirra Pool Cleaning Robot is used to clean residential pools. The Company's trademarks include Scooba, ViPR, NorthStar, Create, iAdapt, Aware, Home Base, Looj, Braava, vSLAM and Virtual Wall.Read More
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