At this time, I would like to welcome everyone to the Sonos first quarter fiscal 2025 conference call. [Operator instructions ...
Q1 2025 Earnings Call Transcript February 6, 2025 Sonos, Inc. beats earnings expectations. Reported EPS is $0.4, expectations ...
Sonos said it will reorganise its product organisation into separate groups for hardware, software, design, quality and ...
Layoffs at Sonos epitomize its bad year. Time will tell if the restructuring can help the company regain its direction.
Sonos' latest layoffs affected 200 employees. The company's interim CEO says it will restructure to become more efficient.
Sonos, the well-known audio brand, is cutting 200 jobs as part of a company-wide restructuring efforts. CEO Tom Conrad ...
Sonos allegedly toyed around with making a speaker that would use MagSafe to attach to the back of an iPhone, but couldn't seem to nail down a target audience.
Its gross margin also declined to 43.8% from 46.1% due to deleveraging from lower sales, and operating income slipped from ...
Sonos, Inc. (NASDAQ:SONO) revealed a major restructuring plan that will reduce its workforce by about 12%. Finalized on ...
The company provided Q2 revenue guidance of $240 million to $265 million, representing a year-over-year change of negative 5% to positive 5%. Sonos expects Q2 GAAP gross margin in the range of 42% to ...
Due to several bugs and missing features, Sonos faced heavy criticism and had to pause new hardware development to focus on ...