Spruce Point is pleased to release its latest report on iRobot Corp (Nasdaq: IRBT). Media Hype of a Robotics Revolution (Similar To 3D Printing Craze) Is Overblown. IRBT Is Hyping Its IP Portfolio, But Lacks A Monetization Strategy. The Hype Is To Divert Attention From Its Core Problems

Covering-Up Weakening Fundamentals and Growth Prospects: Competition Is Mounting in Home Vacuums, Pressuring Existing Market Share. Marketing Costs Are Now Surging Ahead of R&D To Stem The Bleed. Meanwhile, Its Telepresence “Growth Story” For the Health And Enterprise Markets Appear To Be Nothing More Than Red Herrings And Unlikely To Pan Out