Sonos (NASDAQ:SONO - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $519.48 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Sonos (NASDAQ:SONO - Get Free Report) last released its quarterly earnings data on Wednesday, November 13th. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.22). Sonos had a negative return on equity of 4.97% and a negative net margin of 2.51%. The firm had revenue of $255.38 million for the quarter, compared to analyst estimates of $247.92 million. During the same quarter in the prior year, the firm earned ($0.21) earnings per share. The firm's revenue for the quarter was down 16.3% on a year-over-year basis. On average, analysts expect Sonos to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Sonos Trading Up 0.2 %
Shares of SONO traded up $0.03 during mid-day trading on Thursday, reaching $14.01. The company's stock had a trading volume of 410,372 shares, compared to its average volume of 1,960,908. Sonos has a 1-year low of $10.23 and a 1-year high of $19.76. The business has a 50-day simple moving average of $14.36 and a two-hundred day simple moving average of $13.19. The stock has a market cap of $1.71 billion, a P/E ratio of -42.37 and a beta of 1.99.
Sonos Company Profile
(
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Sonos, Inc, together with its subsidiaries, designs, develops, manufactures, and sells audio products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers wireless, portable, and home theater speakers; components; and accessories. The company offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its website.
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