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Stock impact report

Sonos (SONO) Up 5.4% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Sonos, Inc. (SONO) 
Last sonos, inc. earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Sonos due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Sonos Q4 Loss Narrower Than Expected Sonos reported fourth-quarter fiscal 2024 non-GAAP loss per share of 18 cents. It had registered a loss per share of 7 cents in the prior-year quarter. On a GAAP basis, the company reported a loss of 44 cents compared with a loss of 25 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at a loss of 22 cents per share. Quarterly revenues fell 16.3% year over year to $255.4 million. The figure was well within the company's guided range of $240-$260 million. Management noted that the fourth quarter sales were affected due to lower sales across the portfolio owing to app issues and the decision to delay two major product launches Show less Read more
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