Sonos Inc. (SONO)
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.
Sonos (SONO) Up 1.4% Since Last Earnings Report: Can It Continue?
Sonos (SONO) reported earnings 30 days ago. What's next for the stock?
Sonos (SONO), Sporty & Rich Unveil Limited Edition Headphones
Sonos, Inc. SONO, in collaboration with Sporty & Rich, has launched Sonos Ace x Sporty & Rich Limited Edition headphones. These headphones are exclusively available for $449 on the Sporty & Rich website and at their NYC flagship location.
Sonos CEO Patrick Spence confirms 100-person layoff
Sonos has laid off 100 employees, 14 months after reducing its 1,800 headcount by seven. The home audio company confirmed the news with TechCrunch, following an initial report by The Verge.
Sonos: Technical Missteps Are Overshadowing Strong Sales And Great Value
Shares of Sonos declined sharply after posting Q3 results, bringing YTD losses to nearly 30%. The company's app redesign caused a number of glitches, hurting near-term sales and forcing a delay of the company's planned Q4 launches. In spite of the near-term guidance reduction associated with this fix, the company is still attractive in the long term, having successfully launched its headphone product Ace.
Sonos Delays Products, Cuts Guidance as It Scrambles To Fix Buggy App
Sonos (SONO) shares slumped on Thursday, a day after the maker of headphones and home sound systems cut its guidance and delayed two hardware releases as it races to fix bugs in its app.
Sonos' (SONO) Q3 Earnings & Revenues Top Estimates, Up Y/Y
Sonos, Inc. SONO reported third-quarter fiscal 2024 non-GAAP earnings per share of 23 cents. It had registered earnings per share of 16 cents in the prior-year quarter.
Sonos, Inc. (SONO) Q3 2024 Earnings Call Transcript
Sonos, Inc. (NASDAQ:SONO ) Q3 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Corporate Participants James Baglanis - Head-Investor Relations Patrick Spence - Chief Executive Officer Saori Casey - Chief Financial Officer Conference Call Participants Adam Tindle - Raymond James Steve Frankel - Rosenblatt Rayyana Matraji - Jefferies Erik Woodring - Morgan Stanley Operator Thank you for standing by. My name is Dale, and I will be your conference operator today.
Compared to Estimates, Sonos (SONO) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Sonos (SONO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sonos (SONO) Beats Q3 Earnings and Revenue Estimates
Sonos (SONO) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.16 per share a year ago.
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