Is iRobot's Dominance Coming to an End?
In the past three years, iRobot (NASDAQ: IRBT) has pulled off a truly impressive feat. During that time, the maker of home robotics has increased its revenue by nearly 40% while simultaneously reducing its revenue sources. Specifically, the company eliminated $55 million in revenue and pulled out its very roots by divesting its military segment in 2016 and recently discontinued one of its four product lines in the home robotics category, a gutter cleaning line called the Looj.
IRBT Revenue (TTM) data by YCharts.
Source: Fool.com