Sonos Stock Pops After Revenue Beat
Sonos Inc (NASDAQ:SONO) stock is 5.3% higher at $14.83, earlier rising as high as $15.69 after the audio equipment maker's adjusted fourth-quarter loss of 18 cents per share was in line with estimates and revenue of $255.4 million beat analysts' beat forecasts.
Sonos Q4 Loss Narrower Than Expected, Revenues Fall Y/Y, Stock Jumps
SONO's Q4 revenues suffer due to delays in product launches amid setbacks with the new app rollout.
Sonos Begins a Very Long Road Back
The speaker maker's holiday quarter forecast is lifting its stock, but fallout from last spring's app fiasco still lingers.
Sonos, Inc. (SONO) Q4 2024 Earnings Call Transcript
Sonos, Inc. (NASDAQ:SONO ) Q4 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants James Baglanis - Head, Investor Relations & Treasury Patrick Spence - Chief Executive Officer Saori Casey - Chief Financial Officer Conference Call Participants Steve Frankel - Rosenblatt Brent Thill - Jefferies Erik Woodring - Morgan Stanley Alex Fuhrman - Craig-Hallum Capital Group Mark Cash - Raymond James Operator Thank you for standing by, and welcome to the Sonos Fourth Quarter 2024 Conference Call. All lines have been placed on mute to prevent any background noise.
Sonos (SONO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Sonos (SONO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sonos (SONO) Reports Q4 Loss, Tops Revenue Estimates
Sonos (SONO) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.07 per share a year ago.
Earnings Preview: What To Expect From Sonos
Sonos is scheduled to report earnings after Wednesday's close. In 2021, the stock hit a record high near $44.72/share and is currently trading near $14/share.
Sonos to Report Q4 Earnings: Here's What Investors Should Know
SONO's fiscal fourth-quarter performance is likely to have been affected by the delay in the launch of the new product due to issues with its app redesign fiasco.
Unveiling Sonos (SONO) Q4 Outlook: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Sonos (SONO) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Sonos Focuses on Regaining Customer Trust Post App Redesign Debacle
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.
Sonos outlines turnaround plan following app disaster
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.
Exclusive: Sonos CEO promises reforms after May app release 'failure'; leaders to forgo bonuses
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.
