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Stock impact report

Sonos Reports First Quarter Fiscal 2025 Results

Sonos, Inc. (SONO) 
Last sonos, inc. earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Q1 revenue near high-end of guidance range, announced reduction in force SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today reported First Quarter Fiscal 2025 results.“Yesterday we implemented important organizational changes that mark the start of a new chapter of efficiency and growth for Sonos,” said Tom Conrad, Sonos Interim CEO. “I see tremendous opportunity in front of us. The team and I are hard at work improving the core experience for our customers while designing the next set of Sonos products and innovations. It’s an honor to show up every day to do this work with the talented Sonos team.”“Our Q1 results show our team’s commitment to execution as we navigate a difficult environment,” commented Saori Casey, Sonos Chief Financial Officer. “We continue to make great progress in our transformation journey that will set us up well for the future.”First Quarter Fiscal 2025 Financial Highlights (unaudited)Revenue of $551 millionGAAP gross margin of 43.8%GA Show less Read more
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