Sonos Beats Revenue Targets Despite Dip
Sonos reported mixed first-quarter fiscal 2025 results, with revenue and earnings per share beating expectations despite revenue falling year over year.Home audio solutions specialist Sonos (SONO 9.48%)reported fiscal 2025 first-quarter earnings on Thursday, Feb. 6, that exceeded analysts' consensus estimates. Adjusted earnings per share (EPS) of $0.64 beat the estimated $0.30 while Q1 revenue reached $551 million, outdoing the expected $519 million. However, both metrics were down significantly from the pr ...