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An Interview with iRobot CEO Colin Angle

An Interview with iRobot CEO Colin Angle

FromThe 7investing Podcast


An Interview with iRobot CEO Colin Angle

FromThe 7investing Podcast

ratings:
Length:
22 minutes
Released:
Nov 17, 2020
Format:
Podcast episode

Description

There’s no doubt the pandemic has helped accelerate the growth story for iRobot (NASDAQ: IRBT). Best known for its Roomba robotic vacuums, iRobot’s revenue soared 43% year over year in the third quarter, buoyed by a 70% increase in e-commerce sales and an 86% jump in sales of its premium ($500 or above) robots.  
But iRobot’s ambitions extend well beyond its flagship vacuum line. In this exclusive interview with 7investing Lead Advisor Steve Symington, iRobot Chairman, co-founder, and CEO Colin Angle covers everything from iRobot's efforts to build stronger direct relationships with consumers to the recent launch of their Genius Home Intelligence Platform, the challenges of tariffs and international trade tensions, the status of their Terra robotic lawnmower project, and the company’s longer-term vision for smart homes and the home-robotics industry.  

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Released:
Nov 17, 2020
Format:
Podcast episode

Titles in the series (100)

Welcome to 7investing.com. Our mission is to empower you to invest in your future. This podcast brings our market-based experts together to discuss our investing process and important news. Once a month, we will also feature interviews with some of the best minds in business and investing. Check out 7investing.com to find more of our free content and premium monthly stock recommendations.