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) 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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Investors need to pay close attention to Sonos (SONO) stock based on the movements in the options market lately.
Sonos (SONO) unveils new over-the-ear Bluetooth headphone, which features Active Noise Cancelation and Aware Mode.
The premium-headphone market is soaring while Sonos speaker sales are sagging, but the competition with Apple will be fierce.