Positive Response To New Product Propels iRobot (IRBT) Stock

iRobot Corporation (NASDAQ: IRBT) experienced a notable upswing of 12.67% in its stock valuation during the prior trading session, reaching $9.96 by the market close. This considerable uptick in IRBT’s stock price ensued subsequent to the debut of a novel product.

iRobot (IRBT) unveiled the Roomba Combo Essential robotic device, a cost-effective and user-friendly 2-in-1 robot designed for vacuuming and mopping tasks. Priced at $275, the Roomba Combo Essential encompasses the fundamental cleaning functionalities adored by consumers in the highly successful Roomba 600 Series, albeit with enhanced performance and an array of features that streamline cleaning processes.

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Furthermore, the company proudly announced crossing the milestone of 50 million robots sold worldwide. The Roomba Combo Essential elevates the Roomba 600 Series by integrating a mopping feature alongside an 18-fold increase in suction power.

Additionally, it enhances upon its predecessor with capabilities such as orderly cleaning patterns, customizable suction and liquid settings, comprehensive Clean Map reports, extended battery longevity, and intelligent iRobot OS functionalities such as cleaning while unattended and suggested cleaning schedules.

More than two decades ago, iRobot introduced the Roomba robotic vacuum to simplify cleaning tasks and empower individuals to accomplish more. Since the debut of the Roomba 600 Series in 2012, it has consistently been a top seller, attributed to its blend of performance, affordability, and reliability.

As iRobot surpasses the milestone of 50 million robots sold globally, IRBT pays homage to this legacy by unveiling the budget-friendly Roomba Combo Essential, which not only enhances cleaning efficacy but also expands functionalities beyond its forerunner.

This innovative robot democratizes the 2-in-1 cleaning experience offered by iRobot, catering to a diverse clientele including recent graduates, new homeowners, and those venturing into automated cleaning for the first time.

Equipped with essential cleaning features and powered by the iRobot OS, the Roomba Combo Essential represents iRobot’s most straightforward and economical 2-in-1 robot for vacuuming and mopping.

Whether users require a gentle, low-intensity cleaning or a more robust one, the Roomba Combo Essential simplifies chores by allowing users to handle two tasks with a single tap on the iRobot Home app or a basic voice command.

Alternatively, with a mere press of the CLEAN button, the robot autonomously commences its cleaning routine, navigating intelligently to achieve systematic cleaning while negotiating obstacles such as furniture.

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