Sonos (SONO) to Release Earnings on Thursday

Sonos (NASDAQ:SONO) is expected to be posting its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Sonos to post earnings of $0.36 per share and revenue of $519.48 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Sonos (NASDAQ:SONO) last issued 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). The company had revenue of $255.38 million for the quarter, compared to analysts’ expectations of $247.92 million. Sonos had a negative return on equity of 4.97% and a negative net margin of 2.51%. The firm’s quarterly revenue was down 16.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.21) EPS. On average, analysts expect Sonos to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sonos Price Performance

NASDAQ SONO opened at $13.57 on Tuesday. The firm’s fifty day moving average price is $14.38 and its 200 day moving average price is $13.17. Sonos has a 12 month low of $10.23 and a 12 month high of $19.76. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of -41.12 and a beta of 1.97.

Sonos Company Profile

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.