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Sonos Inc - SONO STOCK NEWS

Welcome to our dedicated news page for Sonos (Ticker: SONO), a resource for investors and traders seeking the latest updates and insights on Sonos.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sonos's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sonos's position in the market.

Rhea-AI Summary
Sonos, Inc. (SONO) CEO and CFO to participate in the Morgan Stanley Technology, Media & Telecom Conference on Mar. 4. The fireside chat will start at 11:55 am Pacific time and will be available for live webcast and replay on the Sonos investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
Tags
none
-
Rhea-AI Summary
Sonos, Inc. appoints Bracken Darrell, President and CEO of VF Corporation, to its Board, enhancing its leadership team. Darrell's expertise in product companies and industry experience are expected to benefit Sonos.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.92%
Tags
management
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Rhea-AI Summary
Sonos, Inc. (Nasdaq: SONO) reported first quarter fiscal 2024 results, with revenue decreasing 8.9% year-over-year to $612.9 million. GAAP net income was $80.9 million, and non-GAAP net income was $106.1 million. Adjusted EBITDA was $115.2 million, and free cash flow was $269.3 million. Sonos CEO Patrick Spence expressed optimism for the future, citing an upcoming product launch and a focus on returning to top and bottom line growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.13%
Tags
earnings
Rhea-AI Summary
Sonos (Nasdaq: SONO) partners with The Recording Academy and Flyana Boss to bring immersive sound experiences to the 2024 GRAMMY House. The collaboration includes red carpet activations, a private Power Brunch, and the gifting of Sonos Era 300 spatial audio speakers to attendees. This partnership reinforces Sonos' commitment to delivering unparalleled listening experiences and its profound connection to the creator community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
partnership conferences
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Rhea-AI Summary
Sonos, Inc. (Nasdaq: SONO) has appointed Jonathan Mildenhall, Chief Marketing Officer of the Rocket Companies, to its board, effective Jan. 25, 2024. Mildenhall has a strong background in brand-building, advertising, and marketing, having co-founded TwentyFirstCenturyBrand and served as chief marketing officer at Airbnb. His appointment is expected to contribute to Sonos' journey to become the world's leading sound experience company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
management
-
Rhea-AI Summary
Sonos (Nasdaq: SONO) introduced the 8″ In-Ceiling Speaker by Sonos and Sonance, extending the Sonos Architectural line of passive speakers. The 8” In-Ceiling Speaker provides a new size option that delivers powerful, balanced, and clear sound. At $999/pair, it features a custom-built, enlarged woofer, high-excursion motor, 30mm tweeter, and newly optimized waveguide for natural sounding vocals and better high-frequency dispersion. The 8” In-Ceiling Speaker will be available in Spring 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none
Rhea-AI Summary
Sonos, Inc. (Nasdaq: SONO) will report financial results for the first quarter ended December 30, 2023, after market close on Tuesday, February 6, 2024. The company will issue a press release and accompanying slide presentation accessible at https://investors.sonos.com/reports-and-filings/default.aspx#section=earningsreports. A conference call and Q&A to discuss the results will be held on the same day at 5:00 p.m. Eastern Time, with a live webcast accessible at https://investors.sonos.com/news-and-events/default.aspx. A replay of the webcast and transcript will be available through the same link following the conference call. The live conference call may also be accessed toll-free by dialing 1 (888) 330-2454 with conference ID 8641747.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.09%
Tags
earnings
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Rhea-AI Summary
Sonos, Inc. (Nasdaq: SONO) announced the appointment of Saori Casey as the new Chief Financial Officer, effective January 22, 2024. She brings over 30 years of corporate finance experience, with nearly 13 years at Apple and 15 years at Cisco. Current CFO Eddie Lazarus will assume the role of Chief Legal and Strategy Officer. The company's CEO, Patrick Spence, expressed excitement about Saori's appointment and the recent executive leadership team appointments, aiming to position Sonos as the world's leading sound experience company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
none
-
Rhea-AI Summary
Sonos (NASDAQ: SONO) released its 2023 Listen Better Report, focusing on sustainability, social impact, and diversity, equity, and inclusion. The report outlines the company's Climate Action Plan, commitment to carbon neutrality and net zero by 2040, responsible product design, sustainable packaging, and philanthropic efforts. Sonos also emphasizes privacy and advances in diversity, equity, and inclusion initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none
Rhea-AI Summary
Sonos, Inc. (SONO) CEO Patrick Spence and CFO Eddie Lazarus will participate in the Raymond James TMT and Consumer Conference on Dec. 4. Patrick will join the Innovation in Consumer Technology panel discussion with Arlo's CEO. A live webcast and replay of the fireside chat will be available on Sonos' and Arlo's Investor Relations websites.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
Tags
none
Sonos Inc

Nasdaq:SONO

SONO Rankings

SONO Stock Data

2.36B
114.70M
1.82%
89.78%
4.61%
Audio and Video Equipment Manufacturing
Manufacturing
Link
US
Santa Barbara

About SONO

in 2002, we set out with a goal – to reinvent home audio for the digital age. our vision was simple - fill every home with music and make listening a valued experience again. we’re making it easy for everybody to listen to the music they love in every room of their home. to hear the songs they love, to discover new music they never knew existed, and to appreciate it all with the highest sound quality. we’re doing it all over the world – in more than 60 countries, in seven languages through thousands of retailers. we’re constantly looking for ways to improve the experience – with new products, new software and continually investing in ways to provide our customers the best experience possible. we’re doing what we set out to do. changing the way people listen to music – one home at a time.