SONOS-Sonos (SONO) Beats Q3 Earnings and Revenue Estimates

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 ...