- SONO is poised for sustained growth as the global home audio market continues to expand and is expected to surpass $45 billion by 2027.
- SONO addressed future demand through brand expansion initiatives such as collaborations with the Liverpool Football Club, Audi, and IKEA.
- Continues to generate solid cash that is readily available to enhance shareholder value while maintaining a balance sheet free of debt.
- SONO increased its revenue by 52% year over year and 14% quarter over quarter while maintaining a solid gross margin of 7% and 62%, respectively, despite its seasonality.
For further details see:
Sonos: Synced In The Great Reshuffling