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IROBOT, the famous robot vacuum maker Roomba, announced, The second quarter profits Late last week, the numbers continue to decline. Despite the release of A completely new production lineIts revenues decreased by 23 percent to 127.6 million dollars from the previous quarter, with the beating American and European markets.
The company has fought in the face of the increasing competition from Chinese manufacturers and the collapse of A. Amazon saleShe left deep debt. Earlier this year, CEO Gary Cohen pointed out It can be closed within 12 months If nothing changes. The clock is knocking.
Last week, Cohen said that although the customer’s response to the new production line is “encouraging”, IROBOT did not achieve this quarter “due to the opposite winds in the ongoing market and delay in limiting production and sales of our new products.” He stressed that the company is still looking into a possible sale or other “strategic alternatives” to get out of the debt.