SONO Stock Recent News

Will audio tech company Sonos soon have a new owner? If so, which tech giant will it be?

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Thursday, February 6, 2025 the company will report financial results for the first quarter ended December 28, 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 resu.

Sonos Chief Executive Patrick Spence is stepping down and leaving the company's board in a shake-up that comes as the wireless speaker maker tries to win back the trust of its customers.

Patrick Spence has stepped down as chief executive of Sonos (NASDAQ:SONO) following widespread issues with the company's new app, which launched last April. Intended to improve the user experience, the app faced immediate backlash over technical glitches and the removal of key features.

Speaker maker Sonos said on Monday Patrick Spence will step down as its CEO after a disastrous app update last year sparked customer criticism and delayed the development and release of other products.

Sonos, Inc. SONO has made seven new commitments based on an internal review of its May app release, ensuring it continues to deliver the best wireless audio systems and that customers enjoy the quality for which the brand is known. Many of these efforts are already in progress, with additional measures set to be rolled out over the rest of the year.

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos announces new quality and customer experience commitments resulting from an internal review of its app release in May.

Sonos' May app relaunch will be studied as a business school cautionary tale for years to launch. The home audio firm prioritized netting new customers over its existing loyal fanbase as it added the Ace headphones to its product portfolio.

Speaker-maker Sonos unveiled on Tuesday a broad series of reforms that it hopes will restore its reputation after a disastrous app update in May that torpedoed customer trust and caused the company to cut staff.

Sonos (SONO) reported earnings 30 days ago. What's next for the stock?