For the quarter ended June 2024, Sonos (SONO) reported revenue of $397.15 million, up 6.4% over the same period last year. EPS came in at $0.23, compared to $0.16 in the year-ago quarter. The reported revenue represents a surprise of +0.97% over the Zacks Consensus Estimate of $393.32 million. With the consensus EPS estimate being $0.19, the EPS surprise was +21.05%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

Sonos (SONO) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 21.05%. A quarter ago, it was expected that this maker of wireless speakers and home sound systems would post a loss of $0.27 per share when it actually produced a loss of $0.34, delivering a surprise of -25.93%. Over the la ...

Sonos (SONO) unveiled its first headphone — the Sonos Ace — to expand its footprint in the personal audio market. The Sonos Ace will be available globally in Black and Soft White from Jun 5, 2024, and will retail for $449, added the company. The Sonos Ace is an over-the-ear Bluetooth headphone that features Active Noise Cancelation and Aware Mode, as well as a home theater experience enhanced by Sonos' new TrueCinema technology. The headphone features custom drivers that deliver precise and clear audio acro ...

Sonos, Inc. (SONO) reported second-quarter fiscal 2024 non-GAAP loss per share of 34 cents. It had registered earnings per share of 4 cents in the prior-year quarter. On a GAAP basis, the company reported a loss of 56 cents compared with a loss of 24 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at a loss of 27 cents.Quarterly revenues decreased 16.9% (down 17.3% on a constant-currency basis) year over year to $252.7 million due to a challenging macroeconomic environment. However, t ...

For the quarter ended March 2024, Sonos (SONO) reported revenue of $252.66 million, down 16.9% over the same period last year. EPS came in at -$0.34, compared to -$0.24 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $246.48 million, representing a surprise of +2.51%. The company delivered an EPS surprise of -25.93%, with the consensus EPS estimate being -$0.27. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Sonos, Inc. (NASDAQ:SONO) Q2 2024 Results Conference Call May 7, 2024 5:00 PM ET Company Participants James Baglanis - Head-Investor Relations Patrick Spence - Chief Executive Officer Saori Casey - Chief Financial Officer Conference Call Participants Steve Frankel - Rosenblatt Erik Woodring - Morgan Stanley Jake Norton - Raymond James Alex Fuhrman - Craig-Hallum Brent Thill - Jefferies Operator Thank you for standing by. My name is Greg and I will be your conference operator today. At this time, I would lik ...

Sonos (SONO) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -25.93%. A quarter ago, it was expected that this maker of wireless speakers and home sound systems would post earnings of $0.60 per share when it actually produced earnings of $0.84, delivering a surprise of 40%. Over the last fou ...

Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________ FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38603 _____________________________________________ ...

Exhibit 99.1 Sonos Reports Second Quarter Fiscal 2024 Results Company reports solid first half, on-track to achieve Fiscal 2024 guidance Santa Barbara, CA – May 7, 2024 - Sonos, Inc. (Nasdaq: SONO) today reported second quarter fiscal 2024 results. "Thanks to the hard work of our team, and the strength of our brand and product portfolio, we delivered results that slightly exceeded our expectations in our second quarter despite the challenging environment," Sonos CEO Patrick Spence commented. "Today marks th ...

Sonos, Inc. (SONO) recently announced an extensive redesign for its Sonos App. The new app is specifically tailored to enhance the streaming experience for listeners by allowing them to set up playlists, stations, albums and more per their choice from more than 100 services on one “customizable” home screen, added Sonos.With a simple and easy swipe-up feature, the customized home screen gives faster access to Sonos system controls. The app, which supports all existing S2 products, will be made accessible wo ...