iRobot Corp. chairman and CEO Colin Angle, will discuss the role of robots in the future of healthcare at the upcoming TEDMED conference in San Diego, Calif.
Angle will also use the opportunity to introduce Tod Loofbourrow as president of iRobot's newly-created healthcare business unit. According to the company, the new business unit will explore the potential role of robotics as an assistive technology to promote wellness and enhance quality of life for seniors.
Last week, iRobot announced third quarter results. According to Angle, the company delivered Q3 revenue near the top end of expectations, and earnings per share and Adjusted EBITDA that "significantly exceeded expectations."
According to Angle, "Based on our performance through the first nine months, we are reaffirming our expectations for full-year revenue and increasing our expectations for earnings per share and Adjusted EBITDA."