In Brief Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person layoff in August. Both rounds arrive in the wake of a disastrously botched update to the Sonos app that alienated broad swaths of the premium audio hardware firm’s extremely loyal fanbase.The new letter is penned by Tom Conrad, who was the first CTO of Pandora and was named interim CEO after Patrick Spence stepped down from the chief executive role in January. Conrad states that t ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sonos, Inc. ("Sonos" or the "Company") (NASDAQ: SONO). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Sonos and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On May 7, 2024, Sonos launched a red ...

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sonos, Inc. ("Sonos" or the "Company") (NASDAQ: SONO). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Sonos and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On May 7, 2024, Sonos launched a re ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Sonos Chief Executive Patrick Spence is stepping down and leaving the company's board in a shake-up that comes as the wireless speaker maker tries to win back the trust of its customers. Last year, the Santa Barbara-based company botched the overhaul of its phone app that customers use to con ...

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 ...

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, 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 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, 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, 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 ...