Sonos' Q2 Loss Matches Estimates, Revenues Increase Y/Y

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 ...