From Yahoo Finance: 2025-05-10 08:30:00

Sonos is seeing new customers thanks to a price cut on entry-level speakers, following a rocky year after a buggy app update. Despite challenges, revenue rose nearly 3% to $260 million, beating expectations. CEO Tom Conrad is focused on software improvements and organizational changes. The company has strong sales of the Arc Ultra soundbar. Sonos cut the price of its Era 100 by 20% to attract new customers. However, trade war tariffs could increase expenses by $10 million. Sonos faces the challenge of repairing its brand while navigating economic uncertainties.



Read more at Yahoo Finance: One Year From Software Fiasco, Sonos Can Still Carry a Tune