Sonos' Q1 Earnings & Revenues Surpass Estimates, Down Y/Y

Sonos, Inc. (SONO) reported first-quarter fiscal 2025 non-GAAP earnings per share of 64 cents. It had registered earnings of 84 cents in the prior-year quarter. On a GAAP basis, the company reported earnings of 40 cents compared with 64 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at 36 cents per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly revenues fell 10.1% year over year to $550.9 million. The figure was within the company’s guided ra ...