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The last quarter for Sonos was very disappointing. Management expected exceptional results as in 2021 without taking into account the change in the economic scenario. Sonos is a very strong brand and the products are great but I have doubts about what the real competitive advantage is...
Sonos ( NASDAQ: SONO ) shares dropped 15% after the leading audio-products manufacturer cut its full-year forecast for adjusted EBITDA and revenue. Sonos loses to analyst estimates Even though the company recorded 19c EPS in the third quarter of the 2022 fiscal year, whi...
Sonos has fallen victim to inflationary pressures and other headwinds, hurting consumer demand and its operations. This has resulted in the company cutting the full-year guidance by quite a bit. Valuations have been reset, certainly, if we factor in net cash holdings. While no...
Week to date, shares of Sonos (NASDAQ: SONO) were down 26% through the market close on Thursday, according to data provided by S&P Global Market Intelligence . Earlier this week, Sonos reported disappointing revenue results for the fiscal third quarter ending Ju...
Sonos shares crashed 25% after the company reported dismal fiscal Q3 results. Citing softer consumer demand, the company also slashed its full-year outlook to virtually no growth. On the bright side, the company still eked up gross margins in a tough inflationary environment. In a...
Sonos ( NASDAQ: SONO ) fell sharply on Thursday after cutting revenue and adjusted EBITDA estimates for the full year with inflation a major headwind The Santa Barbara-based audio product manufacturer also missed estimates on its top and bottom lines for its fiscal third qua...
Gainers: Vacasa ( VCSA ) +41% . Bonso Electronics International ( BNSO ) +28% . voxeljet AG ( VJET ) +27% . Matterport ( MTTR ) +17% . VIZIO ( VZIO ) +16% . Losers: Sonos ( SONO ) -25% . Marqeta ( MQ ) -25% . Pixelwor...
Shares of Sonos (NASDAQ: SONO) cratered this morning after the popular speaker maker reported a big sales miss last night (but an earnings beat) -- and a key executive's resignation. Analysts had predicted Sonos would report $0.07 per share in pro forma profits for its fiscal th...
While it's a relatively quiet day for the Nasdaq Composite (NASDAQINDEX: ^IXIC) itself today, there's a lot of volatility within its component stocks. As of 1:23 p.m. ET on Aug. 11, the stock index is up a modest 0.25%. That's good enough to keep it up more than 20% from the rec...
Athenex ( ATNX ) -41% on pricing $30M in stock and warrants offering . Invitae ( NVTA ) -25% . Hyperfine ( HYPR ) -17% on Q2 earnings release . Sonos ( SONO ) -17% on Q3 earnings release . Six Flags Entertainment ( SIX ) ...
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Sonos, Inc. (Nasdaq: SONO) today announced that after market close on Wednesday, August 7, 2024 the company will report financial results for the third quarter ended June 29, 2024. The company will issue a press release and accompanying slide presentation at that time which will be accessible at ...
2024-07-09 06:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-09 09:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...