SONOS-Sonos (SONO) Q1 Earnings and Revenues Top Estimates

Sonos (SONO) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of$ 0.36 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 77.78%. A quarter ago, it was expected that this maker of wireless speakers and home sound systems would post a loss of$ 0.22 per share when it actually produced a loss of $0.18, delivering a surprise of 18.18%.Over the last ...