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Snap One Holdings Corp. (Nasdaq: SNPO), a key player in smart living products and services, has announced a conference call scheduled for May 9, 2023, at 4:30 p.m. ET to disclose its financial results for the first fiscal quarter ending March 31, 2023. The financial results will precede the call, which will include a presentation followed by a Q&A session with management. The event aims to provide insights into the Company's performance and future outlook.
Snap One specializes in supplying professional integrators with a comprehensive range of smart living technology solutions that include entertainment, automation, and security products. Interested parties can register for the call online and access the live broadcast and replay through the Investor Relations section of the Snap One website.
Snap One Holdings Corp. (SNPO) reported full year 2022 net sales of $1.124 billion, an 11.5% year-over-year increase. The company faced a net loss of $8.7 million, significantly reduced from the previous year, and achieved an adjusted EBITDA of $114.1 million, up 3.0% year-over-year. Despite a 1.9% decline in fourth-quarter net sales, excluding an extra week in 2021, sales increased by 5.0%. The company has taken a cautious outlook for fiscal 2023, forecasting net sales between $1.05 billion and $1.09 billion, reflecting a potential 3.0% to 6.6% decrease.
Snap One Holdings Corp. (Nasdaq: SNPO) announced a conference call scheduled for March 14, 2023, at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 30, 2022. Prior to the call, financial results will be released via a press release. The event will include a presentation by Snap One management followed by a Q&A session. Participants are encouraged to register at least 10 minutes before the start. The call will be available live and for replay through the Investor Relations section of Snap One's website.