| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------------------|-------|-------|-------|-------------------------|-------|-------------------| | | | | | | | 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 ...

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) 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 ...

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 ...

Sonos Ace headphones during a media preview in New York, US, on Wednesday, May 15, 2024. Sonos ... [+] Inc. is entering the headphone market with a $449 device, part of an effort to turn the home-speaker company into a broader maker of consumer technology. Photographer: Jeenah Moon/Bloomberg© 2024 Bloomberg Finance LPSonos is scheduled to report earnings after Wednesday’s close. In 2021, the stock hit a record high near $44.72/share and is currently trading near $14/share. The stock is prone to big moves af ...

Sonos, Inc. (SONO) is scheduled to report fourth-quarter fiscal 2024 results on Nov. 13.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.For the quarter, SONO anticipates revenues between $240 million and $260 million. The Zacks Consensus Estimate for revenues is pegged at $252.7 million, indicating a decrease of 17.2% from the year-ago reported number. The consensus estimate for the bottom line is pegged at a loss of 22 cents compared with a loss of 7 cents reported in the prior yea ...

The upcoming report from Sonos (SONO) is expected to reveal quarterly loss of $0.22 per share, indicating a decline of 214.3% compared to the year-ago period. Analysts forecast revenues of $252.67 million, representing a decrease of 17.2% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announces its earnings, it ...

Sonos, Inc. (SONO) has made seven new commitments based on an internal review of its May app release, ensuring it continues to deliver the best wireless audio systems and that customers enjoy the quality for which the brand is known. Many of these efforts are already in progress, with additional measures set to be rolled out over the rest of the year. The company introduced an extensive redesign for its Sonos app to improve streaming in May 2024. However, the launch didn't go as planned, as some bugs were n ...

Sonos' May app relaunch will be studied as a business school cautionary tale for years to launch. The home audio firm prioritized netting new customers over its existing loyal fanbase as it added the Ace headphones to its product portfolio. The result was a bug-filled release that has led to missed revenues and a layoff round of 100+. Subsequent product releases have reportedly also been delayed. Repercussions are still being felt as October dawns. On Tuesday, however, the company laid out a plan it hopes w ...

A month has gone by since the last earnings report for Sonos (SONO) . Shares have added about 1.4% in that time frame, underperforming 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 the most recent earnings report in order to get a better handle on the important catalysts. Sonos Q3 Earnings & Revenues Beat Estimates Sonos reported t ...