Snap One Q1 2023 Earnings Report

Snap One EPS Results

• Actual EPS: -$0.03
• Consensus EPS: -$0.06
• Beat/Miss: Beat by +$0.03
• One Year Ago EPS: N/A

Snap One Revenue Results

• Actual Revenue: $252.04 million
• Expected Revenue: $231.36 million
• Beat/Miss: Beat by +$20.68 million
• YoY Revenue Growth: N/A

Snap One Announcement Details

• Quarter: Q1 2023
• Date: 5/9/2023
• Time: N/A

Snap One (NASDAQ:SNPO) provides smart-living solutions in the United States and internationally. The company offers end-to-end product and software ecosystem and technology-enabled workflow solutions. It also provides connected products, including networking, control and lighting, surveillance, and power products; entertainment products for indoor and outdoor solutions, such as media distribution products, as well as audio and video products; and infrastructure products, which include structured wiring and cable products, racks, and mounts. In addition, the company offers software solutions consisting of OvrC system that provides integrators with a cloud-based remote management and monitoring solution; Control4 OS3 for command and control of smart-living systems; and a subscription-based for end consumers including Parasol, 4Sight, Control4 Connect, and Control4 Assist. It sells its through integrators and distributors, as well as through e-commerce portal. The company was formerly known as Crackle Intermediate Corp. and changed its name to Snap One Holdings Corp. in March 2021. The company was founded in 2005 and is headquartered in Charlotte, North Carolina.