Profile
Sector:
TechnologyIndustry:
Consumer ElectronicsCountry:
United StatesIPO:
02 August 2018Website:
http://www.sonos.comNext earnings report:
06 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 19 Nov 2024 22:57:51 GMTDividend
Analysts recommendations
Institutional Ownership
SONO Latest News
SONO's Q4 revenues suffer due to delays in product launches amid setbacks with the new app rollout.
The speaker maker's holiday quarter forecast is lifting its stock, but fallout from last spring's app fiasco still lingers.
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.
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) 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.
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.
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, 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' 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.
Sonos (SONO) reported earnings 30 days ago. What's next for the stock?
What type of business is Sonos?
Sonos, Inc. is engaged in the development of wireless multi-room home audio systems. The company offers wireless speakers, home theater speakers, and other components for home audio systems. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California. The wireless speakers offered by the company are called PLAY:1, PLAY:3, and PLAY:5. The company offers products for home theaters such as PLAYBAR, PLAYBASE, and SUB. Among the products it releases for home theaters are speakers and subwoofers designed to play audio content from a television/video system. Other components of the company's audio systems include CONNECT and CONNECT:AMP, which allow wired speakers and stereo systems from third-party manufacturers to be converted into wireless music streaming systems with wireless control.
What sector is Sonos in?
Sonos is in the Technology sector
What industry is Sonos in?
Sonos is in the Consumer Electronics industry
What country is Sonos from?
Sonos is headquartered in United States
When did Sonos go public?
Sonos initial public offering (IPO) was on 02 August 2018
What is Sonos website?
https://www.sonos.com
Is Sonos in the S&P 500?
No, Sonos is not included in the S&P 500 index
Is Sonos in the NASDAQ 100?
No, Sonos is not included in the NASDAQ 100 index
Is Sonos in the Dow Jones?
No, Sonos is not included in the Dow Jones index
When was Sonos the previous earnings report?
No data
When does Sonos earnings report?
The next expected earnings date for Sonos is 06 February 2025