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iRobot Corporation (IRBT) Quarterly Earnings and Legal Challenges

iRobot Corporation, listed on NASDAQ as IRBT, is set to release its quarterly earnings on August 6, 2025. Analysts predict an earnings per share (EPS) loss of $1.12 and project revenue to be $125 million. iRobot, known for its robotic vacuum cleaners, faces competition from companies like SharkNinja and Ecovacs.

The company is currently embroiled in multiple class action lawsuits. Bragar Eagel & Squire, P.C. has filed a lawsuit in the Southern District of New York, targeting investors who bought iRobot securities between January 29, 2024, and March 11, 2025. The lawsuit alleges securities fraud, as highlighted by Bragar Eagel & Squire, P.C.

Levi & Korsinsky, LLP has also informed investors of a class action lawsuit against iRobot. This lawsuit claims that iRobot made false statements about its restructuring plan after the Amazon acquisition fell through. Investors have until September 5, 2025, to apply as lead plaintiffs.

Bronstein, Gewirtz & Grossman, LLC has filed another lawsuit against iRobot and its officers. This lawsuit accuses the company of making misleading statements about its business and operations. Investors who suffered losses during the specified period are encouraged to join the lawsuit.

Financially, iRobot faces challenges. Its negative P/E ratio of -0.57 and earnings yield of -1.75% indicate negative earnings. The company’s debt-to-equity ratio is significantly negative at -314.48, suggesting high debt levels. Additionally, a current ratio of 0.55 points to potential liquidity issues in meeting short-term obligations.

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