Sonos Focuses on Regaining Customer Trust Post App Redesign Debacle [Yahoo! Finance]
Sonos, Inc. (SONO)
Last sonos, inc. earnings: 2/5 04:05 pm
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Source: Yahoo! Finance
Sonos, Inc. SONO has made seven new commitments based on an internal review of its May app release, ensuring it continues to deliver the best wireless audio systems and that customers enjoy the quality for which the brand is known. Many of these efforts are already in progress, with additional measures set to be rolled out over the rest of the year. The company introduced an extensive redesign for its Sonos app to improve streaming in May 2024. However, the launch didn't go as planned, as some bugs were not identified in advance, causing problems for users as well as partner companies. Following the launch of the new app, Sonos has focused on delivering software updates every two weeks, quickly reintroducing features and improvements. The company highlighted that more than 80% of the missing features have been restored, with a nearly full revamp expected soon, enhancing the app's reliability and speed. Highlighting the importance of these commitments, no member of the Executive
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SONO
News
- Speaker-maker Sonos unveils broad series of reforms after app release ‘failure' in May [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Sonos Announces New Quality and Customer Experience CommitmentsBusiness Wire
- Sonos, Inc. (NASDAQ: SONO) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "underweight" rating. They now have a $11.00 price target on the stock, down previously from $25.00.MarketBeat
- Sonos (SONO) Up 1.4% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Sonos (SONO), Sporty & Rich Unveil Limited Edition Headphones [Yahoo! Finance]Yahoo! Finance
SONO
Earnings
- 8/7/24 - Beat
SONO
Sec Filings
- 9/20/24 - Form SC
- 9/4/24 - Form 4
- 9/4/24 - Form 4
- SONO's page on the SEC website