Sonos (SONO) Reports Q2 Loss, Tops Revenue Estimates

Sonos (SONO) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -25.93%. A quarter ago, it was expected that this maker of wireless speakers and home sound systems would post earnings of $0.60 per share when it actually produced earnings of $0.84, delivering a surprise of 40%. Over the last fou ...