|Bid||0.00 x 3200|
|Ask||0.00 x 3000|
|Day's range||14.34 - 14.70|
|52-week range||13.65 - 24.56|
|Beta (5Y monthly)||1.85|
|PE ratio (TTM)||N/A|
|Earnings date||08 Aug 2023 - 14 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||22.45|
Week to date, shares of Sonos (NASDAQ: SONO) were down 27% through Friday morning, according to data provided by S&P Global Market Intelligence. The last year has been challenging for this leading brand of wireless home audio products. While the quarter went about as management expected, the company reduced its full-year revenue guidance.
Shares of premium audio company Sonos (NASDAQ: SONO) got smacked down on Thursday after the company reported financial results for its latest quarter and lowered its full-year guidance. As of noon ET, Sonos stock was down 24%. After the market closed yesterday, Sonos reported financial results for its fiscal second quarter of 2023, which ended on April 1.
The stock market didn't get everything it wanted on Thursday morning, and share prices were broadly lower early in the trading session. Although losses for the Nasdaq Composite (NASDAQINDEX: ^IXIC) were minimal at about 0.2% as of 10 a.m. ET, other major market benchmarks lost more than 1%. One problem that has market participants worried is the ongoing crisis in the regional banking sector.
Investing.com -- Stocks were wobbling after disappointing streaming subscriber numbers at Walt Disney and amid renewed weakness in bank stocks. Here are the market movers for May 11.
Weak consumer demand affects Sonos' (SONO) second-quarter fiscal 2023 performance. Management lowers revenue guidance for fiscal 2023.
The Yahoo Finance Live team discusses the decline of Sonos shares on earnings amidst a slowdown in consumer demand and how investors are reacting.
At least four of the seven analysts covering Sonos cut their price targets. "While the revised guidance takes numbers lower, we have no reason to 'call the bottom' at this point," said Raymond James analyst Adam Tindle. Sonos said it now expects annual revenue of between $1.63 billion and $1.68 billion, compared with its prior range of $1.7 billion to $1.8 billion.
Investing.com -- Stocks in focus in premarket trade on Thursday, May 11th. Please refresh for updates.
Image source: The Motley Fool. Sonos (NASDAQ: SONO)Q2 2023 Earnings CallMay 10, 2023, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, everyone, and welcome to the Sonos second quarter fiscal 2023 conference call.
Investing.com -- Sonos (NASDAQ:SONO) shares fell 25% Thursday after the company lowered its outlook for the second half of the year.
Sonos (SONO) delivered earnings and revenue surprises of -71.43% and 3.52%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Investing.com - U.S. stock futures remained relatively flat on Wednesday night, following a mixed session among benchmark averages as fresh CPI hinted at cooling inflation pressures.
Sonos (SONO) unveils Sonos Pro to help businesses remotely control sound systems across several locations.
SANTA BARBARA, Calif., April 18, 2023--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 offering includes a simple dashboard to remotely manage a system across multiple locations, commercially-licensed music, personalized support, and more. The service works seamlessly with a business’ existing Sonos
SONY vs. SONO: Which Stock Is the Better Value Option?
Sonos (SONO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Sonos (SONO) rolls out the Era 300 and Era 100 smart speakers, delivering an immersive spatial audio experience.
Sonos CEO Patrick Spence joins Yahoo Finance Live to discuss the launch of the Era 100 and Era 300 speakers, innovation and competition in the audio space, and the outlook for Sonos.
SANTA BARBARA, Calif., March 07, 2023--Sonos will add support for spatial audio on Apple Music in what will be a significant expansion of its next-gen sound experience offerings.
SANTA BARBARA, Calif., March 07, 2023--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 chapter in sound and design innovation. Era 300 is a bold, revolutionary new speaker built to deliver the best experience for out loud spatial audio with Dolby Atmos, while Era 100 is a remastering of the best-selling Sonos One. Tuned by award-winning artists and engineers, the Era family powers new levels of im
SANTA BARBARA, Calif., March 03, 2023--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 Tuesday, Mar. 7. Patrick and Eddie will participate in a fireside chat beginning at 2:05 pm Pacific. A live webcast and replay of the fireside chat will be accessible in the News & Events section of the Sonos investor relat
SONY vs. SONO: Which Stock Is the Better Value Option?
Sonos CEO Patrick Spence joins Yahoo Finance Live to discuss company earnings, cost cuts, promotions and consumer trends, speaker sales, and the outlook for the brand.
Shares of Sonos (NASDAQ: SONO) were up 17% as of 1:02 p.m. ET on Thursday. The company delivered better-than-expected earnings results after the market close on Wednesday that sent the stock surging. Excluding currency changes, the top line would have grown by 7% over the year-ago quarter.
Sonos' (SONO) first-quarter fiscal 2023 performance gains from increased volume from higher promotional activity and improved product supply.