Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers' shares plummeting.

Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff::Amazon and iRobot said regulatory concerns made it impossible for the deal to move forward, sending the Roomba makers’ shares plummeting.

  • Avid Amoeba@lemmy.caEnglish
    241·
    11 months ago

    Is it a busted company? I quickly found data for 2009-2022 and they’ve registered profit for every year till 2022 when they had their first loss. They’ve been around since the 90s.

    • Patches@sh.itjust.worksEnglish
      152·
      11 months ago

      every year till 2022 when they had their first loss

      Numbers must always go up. Never down.

      Especially when interest rates quadrupled.