Sonos: Technical Missteps Are Overshadowing Strong Sales And Great Value
SONOS(SONO) Seeking Alpha·2024-08-10 04:48
- 11 11 I T I i P 1 1 I l 11 T I Lukasz Kochanek Amid plenty of pessimism this year, shares of Sonos (NASDAQ:SONO) have continued a relentless year-long tumble, and declines steepened after the premium audio company reported fiscal Q3 (June quarter) results. Q3 was supposed to feature the success of Sonos' new headphone product, Ace: but instead, the results were overshadowed by a guidance cut, prompted by severe glitches in the new and redesigned Sonos app. Year to date, shares of Sonos are now down nearly ...