Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / articles / why sonos stock is surging thursday benzinga mwn benzinga

SONO - Why Sonos Stock Is Surging Thursday | Benzinga

Sonos Inc.

Sonos Inc (NASDAQ: SONO) shares are trading higher Thursday after the company reported better-than-expected financial results and announced a buyback.

  • Q4 Revenue: $305.1 million beat estimates of $299.4 million
  • Q4 EPS: 7 cent loss beat estimates for an 18 cent loss

Gross margin came in at 42%, up 270 basis points on a year-over-year basis. Sonos generated $12 million in free cash flow during the quarter. 

"While it was a challenging year in the categories ...

Full story available on Benzinga.com
Stock Information
Company Name: Sonos Inc.
Stock Symbol: SONO
Market: NASDAQ
Website: sonos.com
Menu
SONO SONO Quote SONO Short SONO News SONO Articles SONO Message Board
Get SONO Alerts

News, Short Squeeze, Breakout and More Instantly...