Sonos Reports Smaller-Than-Expected Loss Despite R…

From Financial Modeling Prep: 2024-11-14 07:46:00

Sonos (NASDAQ:SONO) surpasses analyst expectations in Q4 with an adjusted loss of $0.18 per share, beating the anticipated $0.39 loss. Revenue hits $255.38 million, exceeding the $249.64 million estimate, but reflects a 16.3% YoY decline. Full fiscal year 2024 revenue drops 8.3% to $1.52 billion, with an adjusted profit of $0.56 per share.



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