Will iRobot Stock Turn Things Around in 2022?
Investors haven't had many reasons to celebrate iRobot's (NASDAQ: IRBT) latest operating trends. Demand is high for premium robotic cleaning devices, yet it hasn't been easy to capitalize on that demand in recent months. Tariffs, semiconductor shortages, and supply chain bottlenecks are just a few of the factors that pressured earnings through late 2021.
Yet iRobot's results could start improving as these challenges ease in the second half of 2022. So let's look at some of the good news the company might announce in its upcoming earnings report on May 5.
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Source Fool.com
