Get the most out of Ro­bot­ics Business Review!



Sign up for a Robotics Business Review Membership
The #1 resource reporting and analyzing up-to-the-minute business developments, technology developments and financial transactions across the fast-changing landscape of global robotics. Includes full access to the RBR50 — complete profiles and analysis on the Top 50 compelling robotics companies worldwide. Get an insider's edge to must-have business and industry news with Robotics Business Review — affordable, convenient and powerful. Stay industry focused, save time and make better decisions, learn more or join today.
Learn more about membership benefits or join and become a member today!



iRobot Stock Drops After Closing Maritime Operations in North Carolina
80 layoffs occur as a result of government indecision regarding defense robot purchases
By RBR Staff
0 

October 26, 2012

“Our defense and security business had its best performance of the year, delivering revenue of $30 million. U.S. government funding and program delays, however, continued to negatively impact our near-term expectations for this business unit. With home robots accounting for more than 80% of the company’s total revenue, iRobot’s financial performance will be driven by growth in the consumer business and less impacted by the ups and downs in the defense business.”

                                                                   …

This is a preview article. Please register to view the entire article.

To continue reading, join today!
Get your membership today!
Already a member? Log in.



Log in today!


Comments
No comments yet. Be the first to post a comment.

Name:

Email:


View comment guidelines

Remember me

Notify me of follow-up comments?




Special Focus: Top Transactions
Top Transactions

All of the robotics industry’s top reported orders, sales, investments, mergers & acquisitions and financial events of 2012 now available in one downloadable doc!


Medrobotics Closes on $10M in Financing

Robotics’ Top Transactions 2012

Finally, UK Funds Big Boost in Robotics: $55M

Persimmon Technologies Closes Series B Funding with $5.8M

Medrobotics Completes $33.6M in Series D Financing
More in Top Transactions



Diving into ABB’s Discrete Automation Division

Will Robots Make Farm Work a 24/7 Business?

Research that Matters: EU Robotics Aims for the Marketplace

Grishin Robotics Invests in Bolt

Mercadona Adopts Robot Picking System