Welcome to our dedicated page for Sonos news (Ticker: SONO), a resource for investors and traders seeking the latest updates and insights on Sonos stock.
Sonos Inc (SONO) delivers premium home sound systems that redefine audio experiences through innovative wireless speakers and smart home integration. This news hub provides investors and industry observers with essential updates about the company's market position and technological advancements.
Access official press releases and curated analysis covering product launches, financial results, and strategic partnerships. Our repository simplifies tracking of Sonos' developments in acoustic engineering, software updates, and global expansion efforts.
Discover updates across key categories including quarterly earnings reports, new product certifications, executive leadership changes, and collaborations within the smart home ecosystem. All content is verified through primary sources to ensure reliability.
Bookmark this page for streamlined monitoring of Sonos' innovations in multi-room audio systems and competitive developments within the consumer electronics sector. Check regularly for real-time updates that impact market understanding and investment decisions.
Sonos reported solid second quarter fiscal 2024 results, exceeding expectations despite challenges. The company launched a revamped Sonos app and is set for a new product release. Financially, revenue was $252.7 million, with a gross margin of 44.3%. GAAP net loss was ($69.7) million, and non-GAAP net loss was ($42.1) million. Adjusted EBITDA was ($33.6) million. Fiscal 2024 outlook includes revenue of $1.6-$1.7 billion and adjusted EBITDA of $150-$180 million. Conference call and webcast on May 7, 2024.
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