iRobot Corp. will be reporting earnings results shortly. New technologies are exciting but not everything is in a straight line. Ponder the military problems while the consumer application seems stable for now.
Management and directors have been steadily selling shares since the lock up expired. Insider selling may be the ultimate tell in financial analysis.
The Pentagon has delayed several programs and therefore iRobot is backed up until the soldiers, sailors and airmen get their procurement act together.
Different markets may dictate a spin-off. Consumer appliances and military robots do not march to the same demographic. Currently the consumer side keeps the business going until the Pentagon signs a sweet deal. You cannot rob Peter to pay Paul forever.
George Gutowski writes from a caveat emptor perspective.