Sonos Q4 Loss Narrower Than Expected, Revenues Fall Y/Y, Stock Jumps
SONOSONOS(SONO) ZACKS·2024-11-14 23:30

Sonos, Inc. (SONO) 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.Stay up-to-date with all quarterly releases: See Zacks Earnings CalendarQuarterly revenues fell 16.3% year over year to $255.4 million. The figure was well with ...