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Sonos' Interim CEO Hits The Right Notes In Employee Letter, Here's The Key Takeaway
Sunday, January 19, 2025 - 5:55pm | 545In the wake of a contentious app update, Sonos Inc (NASDAQ:SONO) CEO Patrick Spence stepped down from his role last week. What Happened: Spence’s departure follows an app update that resulted in a decrease in sales and customer satisfaction for Sonos. The update, which eliminated features...
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Why Sonos Stock Is Surging Thursday
Thursday, February 9, 2023 - 10:36am | 380Sonos Inc (NASDAQ: SONO) shares are trading higher Thursday after the company reported first-quarter results that easily topped analyst expectations. What Happened: Sonos said fiscal first-quarter revenue increased 1.2% year-over-year to $672.6 million, which beat average analyst estimates of...
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Why Sonos Stock Is Surging After Hours
Wednesday, May 11, 2022 - 4:25pm | 234Sonos Inc (NASDAQ: SONO) shares are trading higher in Wednesday's after-hours session after the company announced better-than-expected financial results. Sonos said fiscal second-quarter revenue increased 20.1% year-over-year to $399.8 million, which beat the $352.84 million estimate...
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Why Sonos Is Trading Higher Today
Thursday, May 13, 2021 - 8:46am | 215Sonos Inc (NASDAQ: SONO) stock is trading higher Thursday morning after the company reported record second-quarter fiscal 2021 earnings results. What Happened: Sonos reported second-quarter financial results on Wednesday after the close. The audio device company reported earnings of 12 cents...
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Sonos CEO: 'We Want To Be The Sound Experience Leader'
Wednesday, March 10, 2021 - 5:25pm | 436High-end stereo maker Sonos Inc (NASDAQ: SONO) hosted its first-ever investor day presentation as a public company on Tuesday. 2024 Outlook: Sonos said it is "just getting started" given its exposure to just 9% of the 116 million affluent households in 2020, the company said in a press...
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Sonos Reports Q4 Sales Beat, Acquires Snips
Wednesday, November 20, 2019 - 5:30pm | 183Sonos Inc (NASDAQ: SONO) reported a mixed fourth-quarter print Wednesday afternoon. Earnings came in at a loss of 28 cents per share, missing estimates by 6 cents. Sales came in at $294.16 million, beating estimates by $4.9 million. This is a 7.77% increase over sales of $272.94 million the same...
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Sonos CEO: 'We Are Paying For Sins Of The Past'
Tuesday, February 12, 2019 - 12:56pm | 508High-end smart speaker maker Sonos Inc (NASDAQ: SONO) reported an earnings beat in its fiscal first quarter Feb. 6, but the stock heavily sold off — a result of the company paying for the "sins of the past," said CEO Patrick Spence. What Happened Hardware stocks...
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Analysts Like The Sound Of The Beat At Sonos
Thursday, February 7, 2019 - 2:30pm | 671Sonos, Inc. (NASDAQ: SONO) stock was down more than 13 percent Thursday despite a strong earnings beat and its most profitable-ever quarter as the market appeared to be spooked by the announcement that its chief financial officer is retiring. But analysts reiterated bullish outlooks on the...
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London Riots: Could it Kill the 2012 Olympics?
Tuesday, August 9, 2011 - 5:18pm | 605With the 2012 London Olympics opening ceremony set for less than a year from today, security will be a top priority for police as rioting rages on. Today, representatives of more than 200 national Olympic committees are in London for meetings about logistics and accommodation, according to...