While the top- and bottom-line numbers for Sonos (SONO) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sonos (SONO) came out with a quarterly loss of $0.18 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.34 per share a year ago.
Sonos, Inc. (NASDAQ:SONO ) Q2 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants James Baglanis - Head, Investor Relations Tom Conrad - Interim Chief Executive Officer Saori Casey - Chief Financial Officer Eddie Lazarus - Chief Strategy Officer and Chief Legal Officer Conference Call Participants Steve Frankel - Rosenblatt Securities Logan Katzman - Raymond James Erik Woodring - Morgan Stanley Rayyana Matraji - Jefferies Operator Hello and welcome to the Sonos Second Quarter Fiscal 2025 Conference Call. [Operator Instructions] After the speakers' remarks, there will be a question-and-answer session.
SONO's Q2 earnings may have gained from Arc Ultra demand and direct-to-consumer initiatives, though higher promotions and app recovery costs likely hurt margins.
Sonos (SONO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Shares of Sonos have continued to wobble after a very strong Q1 earnings print, reflecting investors' nervousness after the company's app update fiasco. The company achieved a strong earnings beat in Q1, with its revenue decline of -10% y/y landing much better than the -15% y/y that Wall Street had feared. The company is freshly cutting 12% of its workforce (after already laying off staff last August), aiming for $60-$70 million in annual savings that potentially turn around adjusted EBITDA this year.
SONO reports better-than-expected fiscal first-quarter results. However, both the top and bottom lines decline year over year.
Sonos, Inc. (NASDAQ:SONO ) Q1 2025 Earnings Call February 6, 2025 4:15 PM ET Company Participants James Baglanis - Head, Investor Relations Tom Conrad - Interim Chief Executive Officer Saori Casey - Chief Financial Officer Eddie Lazarus - Chief Legal and Strategy Officer Conference Call Participants Steve Frankel - Rosenblatt Logan Katzman - Raymond James Erik Woodring - Morgan Stanley Alex Fuhrman - Craig Hallum Brent Thill - Jefferies Operator Thank you for standing by. My name is Jale, and I will be your conference operator today.
Shares of Sonos (SONO 5.19%), the maker of Bluetooth-enabled sound bars, speakers, and other audio equipment, were moving higher today after the company delivered better-than-expected results in its fiscal first-quarter earnings report. The company also said it would cut 12% of its workforce as part of an ongoing restructuring, as sales are still declining even as it beat estimates.
Home audio solutions specialist Sonos (SONO 8.77%)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.
The headline numbers for Sonos (SONO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.