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Sonos (SONO) Up 5.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-12-13 17:30
A month has gone by since the last earnings report for Sonos (SONO) . Shares have added about 5.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Sonos due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Sonos Q4 Loss Narrower Than ExpectedSonos reported fourth-quarter ...
SONOS(SONO) - 2024 Q4 - Annual Report
2024-11-15 21:49
Table of contents _______________________________________________________ _______________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 28, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38603 | --- | --- | --- | --- | |------------- ...
Sonos Unveils Era 100 Pro for Professional Audio Installation
ZACKS· 2024-11-15 15:10
Sonos, Inc. (SONO) recently introduced the Era 100 pro, its first hardware solution specifically crafted for professional installation in light-commercial and residential spaces. Currently available for pre-order and set to ship on Jan. 28, 2025, the pioneer solution aims to elevate the audio experience in professional settings. Designed to simplify installation while maintaining Sonos' rich sound and elegant design, the Era 100 Pro is embedded with advanced features and software enhancements to empower pro ...
Sonos Stock Pops After Revenue Beat
Schaeffers Investment Research· 2024-11-14 15:37
Sonos Inc (NASDAQ:SONO) stock is 5.3% higher at $14.83, earlier rising as high as $15.69 after the audio equipment maker's adjusted fourth-quarter loss of 18 cents per share was in line with estimates and revenue of $255.4 million beat analysts' beat forecasts. Sonos is still trying to put out the fire set by launching its overhauled mobile application before the software was ready, with the company saying in its earnings presentation that "we have released 16 updates and restored 90 percent of missing feat ...
Sonos Q4 Loss Narrower Than Expected, Revenues Fall Y/Y, Stock Jumps
ZACKS· 2024-11-14 15:30
Sonos, Inc. (SONO) reported fourth-quarter fiscal 2024 non-GAAP loss per share of 18 cents. It had registered a loss per share of 7 cents in the prior-year quarter. On a GAAP basis, the company reported a loss of 44 cents compared with a loss of 25 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at a loss of 22 cents per share.Stay up-to-date with all quarterly releases: See Zacks Earnings CalendarQuarterly revenues fell 16.3% year over year to $255.4 million. The figure was well with ...
SONOS(SONO) - 2024 Q4 - Earnings Call Transcript
2024-11-14 07:02
Sonos, Inc. (NASDAQ:SONO) Q4 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants James Baglanis - Head, Investor Relations & Treasury Patrick Spence - Chief Executive Officer Saori Casey - Chief Financial Officer Conference Call Participants Steve Frankel - Rosenblatt Brent Thill - Jefferies Erik Woodring - Morgan Stanley Alex Fuhrman - Craig-Hallum Capital Group Mark Cash - Raymond James Operator Thank you for standing by, and welcome to the Sonos Fourth Quarter 2024 Conference ...
SONOS(SONO) - 2024 Q4 - Earnings Call Presentation
2024-11-14 05:41
| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------------------|-------|-------|-------|-------------------------|-------|-------------------| | | | | | | | Q4 and Fiscal Year 2024 | | | | | | Financial Results | | | | | | | | | | | | | | | | November 13, 2024 | Forward Looking Statements This presentation contains forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements regarding our outlook for the fiscal quarter endi ...
Sonos (SONO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-14 00:01
For the quarter ended September 2024, Sonos (SONO) reported revenue of $255.38 million, down 16.3% over the same period last year. EPS came in at -$0.18, compared to -$0.07 in the year-ago quarter.The reported revenue represents a surprise of +2.22% over the Zacks Consensus Estimate of $249.83 million. With the consensus EPS estimate being -$0.22, the EPS surprise was +18.18%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...
Sonos (SONO) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2024-11-13 23:35
Sonos (SONO) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this maker of wireless speakers and home sound systems would post earnings of $0.19 per share when it actually produced earnings of $0.23, delivering a surprise of 21.05%. Over the last f ...
SONOS(SONO) - 2024 Q4 - Annual Results
2024-11-13 21:11
Exhibit 99.1 Sonos Reports Fourth Quarter and Fiscal 2024 Results Santa Barbara, CA – November 13, 2024 - Sonos, Inc. (Nasdaq: SONO) today reported fourth quarter and fiscal 2024 results. "Thanks to our team going all-in on our app recovery efforts, we made significant progress in bringing the quality of our software to a level that we're all proud of, which enabled us to launch our highly anticipated new products, Arc Ultra and Sub 4, in time for the holidays," Sonos CEO Patrick Spence commented. "Initial ...