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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.
Sonos' (SONO) redesigned Sonos app will be made accessible worldwide through a software update for the S2 mobile app and through an all-new web app on May 7.
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Tuesday, May 7, 2024 the company will report financial results for the second quarter ended March 30, 2024. The company will issue a press release and accompanying slide presentation at that time which will be accessible at https://investors.sonos.com/reports-and-filings/default.aspx#section=earningsreports. The company will host a conference call and Q&A to discuss the results on t.
In its most recent quarter, Sonos had better sales than analysts had predicted and it's solidly profitable. A report warns that the company could miss its intended launch date for a new product with high potential, but this didn't throw cold water on the rally.
The audio specialist notched a double beat on analyst estimates in its fiscal first quarter of 2024. Its bottom-line beat was particularly impressive.
Today's “Halftime Report” Investment Committee, Steve Weiss, Joe Terranova, Brian Belski and Karen Firestone give their top picks to watch for the second half.
The maker of wireless audio speakers easily beat quarterly estimates for earnings and sales.
Cash flows soared as Sonos sold off old inventory ahead of the launch of its updated product line. The company's loyal fans continue to buy more Sonos products over time.
Sonos's (SONO) fiscal first-quarter performance is affected due to softness across Sonos speakers and Sonos system products' revenues.
Roku, Sonos, and Spotify have faced off against Apple, Alphabet, and Amazon -- and won. Roku and Spotify shares more than doubled in 2023, and momentum is strong heading into 2024.