Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

iRobot Home Robot Revenues Up 28%
Feb 12, 2013
 Printable format
 Email this Article
 Search

iRobot's Home Robots business had a great year, but its Defense and Security business showed significant revenue decreases and brought down total company revenue and profit for 2012.

Home Robots revenue in full-year 2012 was $356,805,000, up 28% from $278,551,000 in 2011. Of that total, domestic U.S. Home Robots revenue was $117,689,000, up 40% from $82,787,000 in 2011. International Home Robots revenue in 2012 was $239,116,000, up 22% from 2011's $195,764,000.

iRobot's Defense & Security robots business declined sharply. Revenues in 2012 were $79.4 million, down from $186.9 million in the previous year. Just 289 Defense & Security robots were shipped in 2012, down from 773 in 2011. The gross selling price of Defense & Security robots was also down, from $136,000 in 2011 to $84,000 in 2012.

"Our business performance over the next few years will be driven by our rapidly growing home technology business," said Colin Angle, chairman and CEO of iRobot. "Home Robots is expected to grow roughly 20% this year and comprise 90% of total company revenue.

Angle said the company has an emerging remote presence business and has "stabilized" its defense business.

Back to Daily News

 

Daily News

...........................................................

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

Nov 25, 2014: Existing home sales up in October

Nov 25, 2014: CEA: confidence in technology spending up in November

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows