Sonos Inc
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Consumer Discretionary : Household Durables | Small Cap Blend
Company profile

Sonos, Inc. engaged in the business of developing wireless multi-room home audio systems. The Company operates as a sound experience brand. The Company's products include speakers, portable speakers, home theatre, sets, accessories, architectural, components, and speaker recommender. Its accessories include custom-designed stands, mounts, shelves, cables, chargers, and more. The Company provides customers with access to voice control, streaming music, Internet radio, podcasts, and audiobook content, enabling them to control and listen to a range of audio entertainment. Its products allow customers to convert third-party wired systems, stereo systems and home theater set-ups into its easy-to-use, wirelessly controlled streaming music system. Its platform is used by a broad set of content providers, including leading streaming music services and third-party developers. The Company's streaming content is available on Apple Music, Pandora, Spotify, and TuneIn.

Closing Price
$14.50
Day's Change
0.11 (0.76%)
Bid
--
Ask
--
B/A Size
--
Day's High
14.60
Day's Low
14.30
Volume
(Below Average)
Volume:
2,320,200

10-day average volume:
2,731,660
2,320,200

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May 11, 2023
Disney, PacWest stocks fall, Robinhood, JD.com shares gain, and other stocks on the move

By MarketWatch Disney's first-quarter results disappoint, Robinhood results beats expectations Here are some of the bigger movers in afternoon trading: (MarketWatch)

May 10, 2023
Sonos stock tanks 23% after audio equipment maker cuts guidance on 'softening demand'

By Claudia Assis 'Softening demand' leads to 2023 guidance cut Shares of Sonos Inc. dropped more than 23% in the extended session Wednesday after the maker of audio products beat Wall Street expectations for its fiscal second quarter...(MarketWatch)

Sonos Reports Second Quarter Fiscal 2023 Results

Sonos, Inc. (Nasdaq: SONO) today reported second quarter fiscal 2023 results. Second Quarter 2023 Financial Highlights (unaudited) Revenue decreased 23.9% year-over-year to $304.2 million; on a constant-currency basis, revenue decreased 22.4%...(BusinessWire)

May 02, 2023
Apple and 10 other stocks tied to China supply chains are at risk, but 7 others may benefit, says Morgan Stanley

By Barbara Kollmeyer Critical information for the U.S. trading day The countdown to a Federal Reserve decision is on, and markets seem just a little nervous. Markets are largely counting on a one-and-done playbook for interest rate...(MarketWatch)

April 19, 2023
Sonos Announces Date for Second Quarter Fiscal 2023 Financial Results and Conference Call

Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Wednesday, May 10, 2023 the company will report financial results for the second quarter ended April 1, 2023. The company will issue a press release and accompanying slide...(BusinessWire)

April 18, 2023
Sonos Expands into Commercial Spaces with Launch of Sonos Pro

Sonos (Nasdaq: SONO) today announced Sonos Pro, a new flexible software as a service (SaaS) offering that makes it easy for businesses to deliver great sound across each of their locations. A new product category for Sonos, the subscription-based...(BusinessWire)

March 07, 2023
Sonos becomes Apple Music's first partner to bring spatial audio to the home

Sonos (Nasdaq: SONO) today announced it will add support for spatial audio on Apple Music in what will be a significant expansion of its next-gen sound experience offerings. Sonos customers will have access to spatial audio on Apple Music starting...(BusinessWire)

Sonos Unveils Era 300 and Era 100: The Next Generation of Smart Speakers Built for the Future of Immersive Listening

--An icon remastered, Era 100 redefines room-filling sound with next-gen acoustics and a new look Sonos (Nasdaq: SONO) today debuted Sonos Era 300 and Sonos Era 100, the industry leader's next generation of smart speakers ushering in a whole new...(BusinessWire)

March 03, 2023
Sonos Announces Participation in Morgan Stanley Technology, Media & Telecom Conference

Sonos, Inc. (Nasdaq: SONO) today announced that Patrick Spence, Chief Executive Officer, and Eddie Lazarus, Chief Financial Officer and Chief Legal Officer, will participate in the Morgan Stanley Technology, Media & Telecom Conference on...(BusinessWire)

February 09, 2023
Sonos stock rockets after revenue rises in holiday quarter

By Emily Bary Sonos was able to run promotions in the latest holiday period due to improved supply Unlike in past pandemic-impacted holiday quarters, Sonos Inc. had enough product in stock that it was able to run promotions, and that...(MarketWatch)

December 19, 2022
Music royalties sing sweet tune to deal makers despite economic headwinds

By Steve Gelsi Music has moved to a subscription revenue model and away from retail sales of CDs, cassette tapes and downloads, and investors are whistling their way to profits (MarketWatch)

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