Sonos, Inc. (SONO) reported second-quarter fiscal 2025 non-GAAP loss per share of 18 cents, meeting the Zacks Consensus Estimate. It incurred a loss of 18 cents in the prior-year quarter as well. On a GAAP basis, the company reported a loss of 58 cents compared with a loss of 56 cents in the year-ago quarter. Quarterly revenues rose 3% year over year to $259.8 million. The figure came towards the high end of the company’s guidance of $240 million to $265 million. The uptick is driven by strong performance i ...

Sonos (SONO) reported $259.76 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 2.8%. EPS of -$0.18 for the same period compares to -$0.34 a year ago.The reported revenue represents a surprise of +1.50% over the Zacks Consensus Estimate of $255.92 million. With the consensus EPS estimate being -$0.18, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

For the quarterly period ended March 29, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________ FORM 10-Q (805) 965-3001 Registrant's telephone number, including area code Securities registered pursuant to Section 12(b) of the Act ...

Sonos (SONO) Q2 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Hello, and welcome to the Sonos Second Quarter Fiscal twenty twenty five Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference over to James Voglonis, Head of Corporate Finance. You may begin. Speaker1 Good afternoon, and welcome to Sonos' second quarter fiscal twenty twenty five earnings conferen ...

Q2 Fiscal Year 2025 Financial Results May 7, 2025 Forward Looking Statements This presentation contains forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements regarding our outlook for the fiscal quarter ending June 28, 2025; our long-term outlook; our long-term focus, financial, growth, and business strategies and opportunities; our transformational cost initiative; tariffs; growth metrics and targets; go forward run rate operating expenses; our ...

Exhibit 99.1 Sonos Reports Second Quarter Fiscal 2025 Results Santa Barbara, CA – May 7, 2025 - Sonos, Inc. (Nasdaq: SONO) today reported Second Quarter Fiscal 2025 results. "We made significant progress in Q2 across our top initiatives," said Tom Conrad, Sonos Interim Chief Executive Officer. "We're firmly on track in restoring the reliability and responsiveness our customers expect, with nine major software updates delivered in the last 120 days and more on the way. We're actively navigating the evolving ...

Sonos, Inc. (SONO) is scheduled to report second-quarter fiscal 2025 results on May 7, after market close.For the quarter, SONO anticipates revenues between $240 million and $265 million. The Zacks Consensus Estimate for revenues is pegged at $255.9 million, indicating a rise of 1.3% from the year-ago reported number.The consensus estimate for the bottom line is pegged at a loss of 18 cents compared with a loss of 34 cents reported in the prior year.The company’s earnings beat the Zacks Consensus Estimate i ...

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Over the past year, few consumer brands have been as beleaguered as Sonos, Inc. (NASDAQ: SONO ). The home audio company has been routed after a disastrous app update left many older devices unusable, not only hurting sales in the short runWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular con ...

Core Insights - Sonos, Inc. reported first-quarter fiscal 2025 non-GAAP earnings per share of 64 cents, down from 84 cents in the prior-year quarter, while GAAP earnings were 40 cents compared to 64 cents a year ago, exceeding the Zacks Consensus Estimate of 36 cents per share [1][2] Revenue Performance - Quarterly revenues decreased by 10.1% year over year to $550.9 million, within the company's guidance range of $480 million to $560 million, attributed to weaker demand and challenges from the 2024 app rollout [2] - Revenue from Sonos speakers was $467.1 million, down 7.1% year over year, surpassing the consensus estimate of $427 million [4] - System products revenue fell 28.7% year over year to $60.3 million, below the consensus estimate of $77 million [4] - Partner products and other revenues totaled $23.4 million, down 7.3% year over year, slightly above the consensus estimate of $22.9 million [4] - Region-wise, revenues from the Americas declined 17.3% to $324.6 million, while Europe, the Middle East, and Africa saw a 3% increase to $197.6 million, and Asia Pacific revenues rose 0.2% to $28.7 million [5] Margin and Expense Analysis - Non-GAAP gross profit was $246.1 million, down 13.4% year over year, with a non-GAAP gross margin contraction of 170 basis points to 44.7% [6] - Adjusted operating expenses were $193.3 million, down from $203 million in the prior-year quarter, while non-GAAP adjusted operating expenses were $169 million compared to $179.4 million a year ago [7] Cash Flow and Liquidity - Sonos generated $156.2 million in cash from operations, with a free cash outflow of $143.1 million, improved from $269.3 million in the previous year [9] - As of December 28, 2024, cash and cash equivalents were $280 million, up from $169.7 million as of September 28, 2024 [10] - The company returned $27 million to shareholders through stock repurchases in the fiscal first quarter, with $44 million remaining under the current buyback authorization [10] Future Guidance - Management expects second-quarter fiscal 2025 revenues to range between $240 million and $265 million, with GAAP gross margin anticipated between 42% and 44% and non-GAAP gross margin between 44% and 45.8% [11]