Sonos, Inc. (SONO) reported first-quarter fiscal 2024 non-GAAP earnings per share (EPS) of 84 cents compared with 79 cents in the prior-year quarter. On a GAAP basis, the company reported EPS of 64 cents compared with 57 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at 60 cents.Quarterly revenues decreased 8.9% (down 10.5% on a constant-currency basis) year over year to $612.9 million due to soft consumer demand. However, the top line surpassed the Zacks Consensus Estimate by 4.1%.F ...

Sonos, Inc. (NASDAQ:SONO) Q1 2024 Earnings Conference Call February 6, 2024 5:00 PM ET Company Participants James Baglanis – Head-Investor Relations Patrick Spence – Chief Executive Officer Saori Casey – Chief Financial Officer Eddie Lazarus – Chief Strategy Officer and Chief Legal Officer Conference Call Participants Erik Woodring – Morgan Stanley Steve Frankel – Rosenblatt Jason Haas – Bank of America Jake Norton – Raymond James Alex Fuhrman – Craig-Hallum Capital Group Brent Thill – Jefferies Operator At ...

For the quarter ended December 2023, Sonos (SONO) reported revenue of $612.87 million, down 8.9% over the same period last year. EPS came in at $0.84, compared to $0.57 in the year-ago quarter.The reported revenue represents a surprise of +4.06% over the Zacks Consensus Estimate of $588.96 million. With the consensus EPS estimate being $0.60, the EPS surprise was +40.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

Sonos (SONO) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this maker of wireless speakers and home sound systems would post a loss of $0.05 per share when it actually produced a loss of $0.07, delivering a surprise of -40%.Over the last four ...

Patrick Spence, president and CEO of Sonos, speaks during a Bloomberg Technology Television interview in San Francisco on Feb. 11, 2019.Sonos shares rose over 12% in extended trading Tuesday after the speaker company reported fiscal 2024 first-quarter sales and earnings that exceeded Wall Street expectations.Here's how Sonos did versus consensus expectations from LSEG, formerly Refinitiv:Earnings per share: 64 cents vs. 40 cents expectedRevenue: $613 million vs. $587 million expectedSales fell 9% from the s ...

Washington, D.C. 20549 FORM 10-Q Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 614 Chapala Street Santa Barbara CA 93101 (Address of Principal Executive Offices) (Zip Code) (805) 965-3001 Registrant's telephone nu ...

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos (Nasdaq: SONO), the world’s leading sound experience company, is partnering with The Recording Academy and Flyana Boss to bring the magic of Sonos to life with exciting red carpet activations and amplified sound experiences at this year’s GRAMMY House. The Recording Academy®’s GRAMMY® House returns February 1st-3rd, celebrating music makers, culture creators and rising industry leaders with three program-packed days leading up to the 66th Annual GRAMMY Awards® a ...

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced the appointment of Jonathan Mildenhall, Chief Marketing Officer of the Rocket Companies, to its board, effective Jan. 25, 2024. “With his outstanding experience building exceptional brands, Jonathan will make great contributions as Sonos continues its journey to become the world’s leading sound experience company,” said Julius Genachowski, Chair of the Sonos Board. Prior to joining the Rocket Companies as Chief Marketing ...

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos (Nasdaq: SONO) today introduced the 8″ In-Ceiling Speaker by Sonos and Sonance, extending the highly successful Sonos Architectural line of passive speakers. The 8” In-Ceiling Speaker provides installers and customers with a new size option that sits discreetly within the ceiling and delivers powerful, balanced and clear sound. The 8” In-Ceiling Speaker will be coming Spring 2024 for $999/pair. Optimized and powerful In-Ceiling sound The 8” In-Ceiling Speake ...

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 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38603 SONOS, INC. (Exact name of Registrant as specified in its charter) | Delaware | | 03-0479476 | | --- | --- | --- | | (State or other jurisdiction of inc ...