Sonos (SONO) News

Price: $11.45
Market Cap: $1.36B
Avg Volume: 1.99M
Country: US
Industry: Consumer Electronics
Sector: Technology
Beta: 1.98
52W Range: $10.23-19.35
Website: Sonos
Sonos: High-End Sound, Low Investor Confidence
Sonos: High-End Sound, Low Investor Confidence

Explore the exciting world of Sonos (SONO -3.41%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sonos, Inc. - SONO
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sonos, Inc. - SONO

NEW YORK , Feb. 25, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sonos, Inc. ("Sonos" or the "Company") (NASDAQ: SONO).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

prnewswire.com

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Sonos Announces $150 Million Stock Repurchase Program
Sonos Announces $150 Million Stock Repurchase Program

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $150 million. The $11 million remaining under the company's existing $200 million repurchase program expired upon approval of the new authorization. Under the repurchase program, Sonos may purchase shares of common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions.

businesswire.com

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Sonos Announces Participation in Morgan Stanley Technology, Media & Telecom Conference
Sonos Announces Participation in Morgan Stanley Technology, Media & Telecom Conference

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Tom Conrad, Interim Chief Executive Officer, and Saori Casey, Chief Financial Officer, will participate in a fireside chat with Morgan Stanley analyst Erik Woodring at the Morgan Stanley Technology, Media & Telecom Conference on Monday, Mar. 3. The fireside chat will begin at 4:50 pm Pacific. A live webcast and replay of the fireside chat will be accessible in the News & Events section of the Sonos i.

businesswire.com

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Sonos Will Survive This Transitional Period, But It Will Take Time
Sonos Will Survive This Transitional Period, But It Will Take Time

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.

seekingalpha.com

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Sonos' Q1 Earnings & Revenues Surpass Estimates, Down Y/Y
Sonos' Q1 Earnings & Revenues Surpass Estimates, Down Y/Y

SONO reports better-than-expected fiscal first-quarter results. However, both the top and bottom lines decline year over year.

zacks.com

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Sonos, Inc. (SONO) Q1 2025 Earnings Call Transcript
Sonos, Inc. (SONO) Q1 2025 Earnings Call Transcript

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.

seekingalpha.com

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Why Sonos Stock Was Moving Higher Today
Why Sonos Stock Was Moving Higher 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.

fool.com

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Sonos Beats Revenue Targets Despite Dip
Sonos Beats Revenue Targets Despite Dip

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.

fool.com

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Here's What Key Metrics Tell Us About Sonos (SONO) Q1 Earnings
Here's What Key Metrics Tell Us About Sonos (SONO) Q1 Earnings

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.

zacks.com

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Sonos (SONO) Q1 Earnings and Revenues Top Estimates
Sonos (SONO) Q1 Earnings and Revenues Top Estimates

Sonos (SONO) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.84 per share a year ago.

zacks.com

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Sonos Reports First Quarter Fiscal 2025 Results
Sonos Reports First Quarter Fiscal 2025 Results

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported First Quarter Fiscal 2025 results. “Yesterday we implemented important organizational changes that mark the start of a new chapter of efficiency and growth for Sonos,” said Tom Conrad, Sonos Interim CEO. “I see tremendous opportunity in front of us. The team and I are hard at work improving the core experience for our customers while designing the next set of Sonos products and innovations. It's an honor to show u.

businesswire.com

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Sonos lays off 200 ahead of rumored set-top box release
Sonos lays off 200 ahead of rumored set-top box release

Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person layoff in August.

techcrunch.com

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Final Trades: Starbucks, Autozone, Sonos and Deckers
Final Trades: Starbucks, Autozone, Sonos and Deckers

The Investment Committee give you their top stocks to watch for the second half of the market day.

youtube.com

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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sonos, Inc. - SONO
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sonos, Inc. - SONO

NEW YORK, NY / ACCESS Newswire / February 1, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Sonos, Inc. ("Sonos" or the "Company") (NASDAQ:SONO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

accessnewswire.com

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If Sonos' Board Sells, Will Apple Be the Buyer?
If Sonos' Board Sells, Will Apple Be the Buyer?

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

pymnts.com

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Sonos Announces Date for First Quarter Fiscal 2025 Financial Results and Conference Call
Sonos Announces Date for First Quarter Fiscal 2025 Financial Results and Conference Call

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.

businesswire.com

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Sonos CEO to step down after disastrous app overhaul
Sonos CEO to step down after disastrous app overhaul

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.

techxplore.com

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Sonos CEO steps down after app launch fallout
Sonos CEO steps down after app launch fallout

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.

proactiveinvestors.co.uk

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Sonos CEO Patrick Spence steps down after app update debacle
Sonos CEO Patrick Spence steps down after app update debacle

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.

reuters.com

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Sonos (SONO) Up 5.4% Since Last Earnings Report: Can It Continue?
Sonos (SONO) Up 5.4% Since Last Earnings Report: Can It Continue?

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

zacks.com

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Sonos Reports Environmental Progress On Headphones, New Products, and Climate Plan
Sonos Reports Environmental Progress On Headphones, New Products, and Climate Plan

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Today, Sonos (NASDAQ: SONO) released its annual Listen Better Report, offering a comprehensive overview of the company's Environmental, Social, and Governance (ESG) efforts. Included in the Report are actions taken under Sonos' Climate Action Plan, introduced in 2021, which serves as a framework to drive the company to carbon neutrality by 2030 and net zero by 2040. “At Sonos, we aim to build products and experiences that bring joy to people, and to do it.

businesswire.com

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Sonos Unveils Era 100 Pro for Professional Audio Installation
Sonos Unveils Era 100 Pro for Professional Audio Installation

SONO launches the Era 100 pro solution to transform professional audio installation in light-commercial and residential settings.

zacks.com

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Sonos Stock Pops After Revenue Beat
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.

schaeffersresearch.com

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Sonos Q4 Loss Narrower Than Expected, Revenues Fall Y/Y, Stock Jumps
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.

zacks.com

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Sonos Begins a Very Long Road Back
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.

wsj.com

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Sonos, Inc. (SONO) Q4 2024 Earnings Call Transcript
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.

seekingalpha.com

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Sonos (SONO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
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.

zacks.com

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Sonos (SONO) Reports Q4 Loss, Tops Revenue Estimates
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.

zacks.com

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Sonos Reports Fourth Quarter and Fiscal 2024 Results
Sonos Reports Fourth Quarter and Fiscal 2024 Results

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported fourth quarter and fiscal 2024 results. “Thanks to our team going all-in on our app recovery efforts, we made significant progress in bringing the quality of our software to a level that we're all proud of, which enabled us to launch our highly anticipated new products, Arc Ultra and Sub 4, in time for the holidays,” Sonos CEO Patrick Spence commented. “Initial feedback on our new products has been very positive,.

businesswire.com

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Earnings Preview: What To Expect From Sonos
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.

forbes.com

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Sonos to Report Q4 Earnings: Here's What Investors Should Know
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.

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Unveiling Sonos (SONO) Q4 Outlook: Wall Street Estimates for Key Metrics
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.

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Sonos Focuses on Regaining Customer Trust Post App Redesign Debacle
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.

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Sonos outlines turnaround plan following app disaster
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.

techcrunch.com

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Sonos Announces New Quality and Customer Experience Commitments
Sonos Announces New Quality and Customer Experience Commitments

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

businesswire.com

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Exclusive: Sonos CEO promises reforms after May app release 'failure'; leaders to forgo bonuses
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.

reuters.com

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Sonos (SONO) Up 1.4% Since Last Earnings Report: Can It Continue?
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?

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Sonos (SONO), Sporty & Rich Unveil Limited Edition Headphones
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.

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Sonos CEO Patrick Spence confirms 100-person layoff
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.

techcrunch.com

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Sonos: Technical Missteps Are Overshadowing Strong Sales And Great Value
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.

seekingalpha.com

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Sonos Delays Products, Cuts Guidance as It Scrambles To Fix Buggy App
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.

investopedia.com

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Sonos' (SONO) Q3 Earnings & Revenues Top Estimates, Up Y/Y
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.

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Sonos, Inc. (SONO) Q3 2024 Earnings Call Transcript
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.

seekingalpha.com

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Compared to Estimates, Sonos (SONO) Q3 Earnings: A Look at Key Metrics
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.

zacks.com

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Sonos (SONO) Beats Q3 Earnings and Revenue Estimates
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.

zacks.com

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3 Audio Video Stocks to Keep an Eye on Amid Industry Headwinds
3 Audio Video Stocks to Keep an Eye on Amid Industry Headwinds

Investments in innovative solutions that enhance experience are likely to aid Zacks Audio Video Production industry participants like Sony (SONY), Panasonic (PCRHY) and Sonos (SONO) amid cautious discretionary spending.

zacks.com

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Sonos Announces Participation in Maxim Group Virtual Tech Conference
Sonos Announces Participation in Maxim Group Virtual Tech Conference

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Saori Casey, Chief Financial Officer, and James Baglanis, Head of Investor Relations and Treasury, will participate in the Maxim Group Virtual Tech Conference on Wednesday, Jun. 5. Saori and James will participate in a fireside chat beginning at 8:30 am Eastern. A live webcast and replay of the fireside chat will be accessible in the News & Events section of the Sonos investor relations website: https://.

businesswire.com

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Stocks Worth Watching: Sonos and Boston Beer
Stocks Worth Watching: Sonos and Boston Beer

We also check in on Target, AutoZone, Lowe's and, of course, Nvidia.

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Is the Options Market Predicting a Spike in Sonos (SONO) Stock?
Is the Options Market Predicting a Spike in Sonos (SONO) Stock?

Investors need to pay close attention to Sonos (SONO) stock based on the movements in the options market lately.

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Sonos (SONO) Forays in the Headphone Market With Sonos Ace
Sonos (SONO) Forays in the Headphone Market With Sonos Ace

Sonos (SONO) unveils new over-the-ear Bluetooth headphone, which features Active Noise Cancelation and Aware Mode.

zacks.com

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Sonos Picks a Good Time to Plug Into Headphones
Sonos Picks a Good Time to Plug Into Headphones

The premium-headphone market is soaring while Sonos speaker sales are sagging, but the competition with Apple will be fierce.

wsj.com

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Sonos Makes its Highly-Anticipated Headphones Debut with Sonos Ace
Sonos Makes its Highly-Anticipated Headphones Debut with Sonos Ace

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos announced the launch of its first-ever headphones, Sonos Ace, marking the brand's long-awaited entry into the personal listening category.

businesswire.com

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3 Russell 2000 Stocks to Sell in May Before They Crash & Burn
3 Russell 2000 Stocks to Sell in May Before They Crash & Burn

The Russell 2000 Index tracks the performance of small-to-mid cap stocks across a variety of industries. Those seeking to capitalize on the growth of smaller companies typically can find many capable businesses in the index.

investorplace.com

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Sonos (SONO) Swings to Loss in Q2, Revenues Decline Y/Y
Sonos (SONO) Swings to Loss in Q2, Revenues Decline Y/Y

Sonos' (SONO) fiscal second-quarter performance is affected due to softness across all business segments amid a challenging macroeconomic backdrop.

zacks.com

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Compared to Estimates, Sonos (SONO) Q2 Earnings: A Look at Key Metrics
Compared to Estimates, Sonos (SONO) Q2 Earnings: A Look at Key Metrics

The headline numbers for Sonos (SONO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com

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Sonos (SONO) Reports Q2 Loss, Tops Revenue Estimates
Sonos (SONO) Reports Q2 Loss, Tops Revenue Estimates

Sonos (SONO) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.24 per share a year ago.

zacks.com

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Speculative Standouts: 7 ‘Strong Buy' Stocks to Snag for Under $20
Speculative Standouts: 7 ‘Strong Buy' Stocks to Snag for Under $20

While speculative ideas are inherently treacherous, if you are going to take the risk, you might as well do so with strong buy stocks for under $20. First, the low price of the securities could potentially give you greater leverage should positive news lift the target enterprises.

investorplace.com

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Sonos (SONO) Redesigns Sonos App to Boost User Experience
Sonos (SONO) Redesigns Sonos App to Boost User Experience

Sonos' (SONO) redesigned Sonos app will be made accessible worldwide through a software update for the S2 mobile app and through an all-new web app on May 7.

zacks.com

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Sonos Unveils Completely Reimagined Sonos App, Bringing Services, Content and System Controls to One Customizable Home Screen
Sonos Unveils Completely Reimagined Sonos App, Bringing Services, Content and System Controls to One Customizable Home Screen

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos reveals its most extensive app redesign ever, allowing listeners to curate their content from over 100 services on one customizable Home screen.

businesswire.com

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Sonos Announces Date for Second Quarter Fiscal 2024 Financial Results and Conference Call
Sonos Announces Date for Second Quarter Fiscal 2024 Financial Results and Conference Call

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Tuesday, May 7, 2024 the company will report financial results for the second quarter ended March 30, 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 results on t.

businesswire.com

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7 Also-Ran Tech Stocks Ready to Steal the Spotlight
7 Also-Ran Tech Stocks Ready to Steal the Spotlight

While the innovation space seemingly lacks no shortage of interest, not every enterprise benefits from the spotlight, which brings us to tech stocks ready to rebound. Yes, there are indeed certain compelling tech plays that aren't getting the attention they deserve.

investorplace.com

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Faraday Partnered with SONIX to Create a New Product Featuring Its SONOS eFlash Solution
Faraday Partnered with SONIX to Create a New Product Featuring Its SONOS eFlash Solution

HSINCHU, Taiwan--(BUSINESS WIRE)--Faraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, announced today the successful mass production of Sonix's application-specific MCU chips using UMC 40ULP process node. Sonix adopted Faraday's SONOS eFlash subsystem, which is specially designed to develop edge AI, smart grid, IoT, and MCU applications, to facilitate the integration of the eFlash function into the SoC without modifying the existing proven IP at 40ULP. Fa.

businesswire.com

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Why Is Sonos (SONO) Down 2.1% Since Last Earnings Report?
Why Is Sonos (SONO) Down 2.1% Since Last Earnings Report?

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

zacks.com

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Surging Stocks: These Music Industry Picks See Boost After Exceeding Expectations - Exchange Traded Concepts Trust MUSQ Global Music Industry ETF (ARCA:MUSQ)
Surging Stocks: These Music Industry Picks See Boost After Exceeding Expectations - Exchange Traded Concepts Trust MUSQ Global Music Industry ETF (ARCA:MUSQ)

Spotify Technology SPOT easily exceeded guidance set for new users. The company added 10 million – 1 million were expected – active users to its platform in Q4, bringing its 2023 number up to 31 million new users.

benzinga.com

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Here's Why Sonos Stock Jumped 22% During February
Here's Why Sonos Stock Jumped 22% During February

In its most recent quarter, Sonos had better sales than analysts had predicted and it's solidly profitable. A report warns that the company could miss its intended launch date for a new product with high potential, but this didn't throw cold water on the rally.

fool.com

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3 Audio Video Stocks Worth Watching in a Thriving Industry
3 Audio Video Stocks Worth Watching in a Thriving Industry

Investments in innovative solutions that enhance communications experience are likely to aid the Zacks Audio Video Production industry participants like Panasonic (PCRFY), Dolby Laboratories (DLB) Sonos (SONO) in the long run.

zacks.com

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Sonos Appoints Bracken Darrell to Board of Directors
Sonos Appoints Bracken Darrell to Board of Directors

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced the appointment of Bracken Darrell, President and CEO of VF Corporation, to its Board, effective Feb. 12, 2024. “With Bracken's excellent track record leading world-class product companies and his deep experience in our space, we are delighted to welcome him to the Board. We're excited about the value he can add as Sonos continues its journey to become the world's leading sound experience company,” said Julius Ge.

businesswire.com

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Why Sonos Stock Zoomed 14% Higher This Week
Why Sonos Stock Zoomed 14% Higher This Week

The audio specialist notched a double beat on analyst estimates in its fiscal first quarter of 2024. Its bottom-line beat was particularly impressive.

fool.com

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Sonos Stock Soars. Its Results ‘Hit All the Right Notes.
Sonos Stock Soars. Its Results ‘Hit All the Right Notes.

The maker of wireless audio speakers easily beat quarterly estimates for earnings and sales.

barrons.com

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Here's Why Sonos Stock Jumped on Wednesday
Here's Why Sonos Stock Jumped on Wednesday

Cash flows soared as Sonos sold off old inventory ahead of the launch of its updated product line. The company's loyal fans continue to buy more Sonos products over time.

fool.com

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Sonos (SONO) Q1 Earnings Beat Estimates, Revenues Fall Y/Y
Sonos (SONO) Q1 Earnings Beat Estimates, Revenues Fall Y/Y

Sonos's (SONO) fiscal first-quarter performance is affected due to softness across Sonos speakers and Sonos system products' revenues.

zacks.com

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3 Inspiring Underdogs That Fought Tech Giants and Won
3 Inspiring Underdogs That Fought Tech Giants and Won

Roku, Sonos, and Spotify have faced off against Apple, Alphabet, and Amazon -- and won. Roku and Spotify shares more than doubled in 2023, and momentum is strong heading into 2024.

fool.com

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Sonos, Inc. (SONO) Q1 2024 Earnings Call Transcript
Sonos, Inc. (SONO) Q1 2024 Earnings Call Transcript

Sonos, Inc. (SONO) Q1 2024 Earnings Call Transcript

seekingalpha.com

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Sonos (SONO) Reports Q1 Earnings: What Key Metrics Have to Say
Sonos (SONO) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for Sonos (SONO) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com

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Sonos (SONO) Q1 Earnings and Revenues Surpass Estimates
Sonos (SONO) Q1 Earnings and Revenues Surpass Estimates

Sonos (SONO) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.57 per share a year ago.

zacks.com

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Sonos spikes on revenue beat
Sonos spikes on revenue beat

Sonos shares rose after the speaker company reported first-quarter fiscal 2024 sales and earnings that exceeded Wall Street expectations.

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Sonos Reports First Quarter Fiscal 2024 Results
Sonos Reports First Quarter Fiscal 2024 Results

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported first quarter fiscal 2024 results. First Quarter Fiscal 2024 Financial Highlights (unaudited) Revenue decreased 8.9% year-over-year to $612.9 million; on a constant-currency basis, revenue decreased 10.5% year-over-year Gross margin increased 374 basis points year-over-year to 46.1% GAAP net income of $80.9 million compared to $75.2 million last year GAAP diluted earnings per share (EPS) of $0.64 compared to $0.57.

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Sonos Partners With the Recording Academy® to Host Immersive Experiences at 2024 GRAMMY® House
Sonos Partners With the Recording Academy® to Host Immersive Experiences at 2024 GRAMMY® House

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos partners with The Recording Academy and Flyana Boss to bring the magic of Sonos to life at this year's GRAMMY House.

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Sonos Appoints Jonathan Mildenhall to Board of Directors
Sonos Appoints Jonathan Mildenhall to Board of Directors

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced the appointment of Jonathan Mildenhall, Chief Marketing Officer of the Rocket Companies, to its board, effective Jan. 25, 2024. “With his outstanding experience building exceptional brands, Jonathan will make great contributions as Sonos continues its journey to become the world's leading sound experience company,” said Julius Genachowski, Chair of the Sonos Board. Prior to joining the Rocket Companies as Chief M.

businesswire.com

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PCRFY or SONO: Which Is the Better Value Stock Right Now?
PCRFY or SONO: Which Is the Better Value Stock Right Now?

Investors interested in Audio Video Production stocks are likely familiar with Panasonic Corp. (PCRFY) and Sonos (SONO). But which of these two stocks is more attractive to value investors?

zacks.com

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Sonos (SONO) to Launch 8" In-Ceiling Speaker by Spring 2024
Sonos (SONO) to Launch 8" In-Ceiling Speaker by Spring 2024

Sonos (SONO) introduces 8" In-Ceiling speaker to expand its architectural line of passive speakers.

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Sonos Announces Date for First Quarter Fiscal 2024 Financial Results and Conference Call
Sonos Announces Date for First Quarter Fiscal 2024 Financial Results and Conference Call

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Tuesday, February 6, 2024 the company will report financial results for the first quarter ended December 30, 2023. 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 resul.

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Saori Casey to Join Sonos as Chief Financial Officer
Saori Casey to Join Sonos as Chief Financial Officer

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that industry leading corporate finance executive Saori Casey will join the company's executive leadership team as its new Chief Financial Officer, effective January 22, 2024. Saori will oversee all financial, accounting, real estate, technology, and investor relations functions within the company. Saori succeeds current CFO Eddie Lazarus, who will take on the new role of Chief Strategy Officer while retaining ex.

businesswire.com

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2 Reasons Why Small-Cap Stocks Could Explode Higher in 2024
2 Reasons Why Small-Cap Stocks Could Explode Higher in 2024

Small-cap stocks are undervalued and ready to jump if interest rates are lowered in 2024. Even if small-cap stocks surge overall, there will still be small-cap losers to avoid and large-cap winners to buy.

fool.com

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Why Is Sonos (SONO) Up 30.7% Since Last Earnings Report?
Why Is Sonos (SONO) Up 30.7% Since Last Earnings Report?

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

zacks.com

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