Sonos Q3 revenue beats estimates

Sonos

06/08/2025 21:18

Overview

Sonos fiscal Q3 revenue beats high end of guidance

Adjusted EPS for fiscal Q3 beats analyst expectations, per LSEG data

Adjusted EBITDA for fiscal Q3 beats analyst estimates, per LSEG data

Outlook

Company to provide guidance on Third Quarter Fiscal 2025 earnings call

Sonos highlights tariffs and macroeconomic uncertainty as challenges

Result Drivers

EXPENSE DECLINES - Significant year-over-year expense declines contributed to adjusted EBITDA at high end of guidance, per CFO Saori Casey

SOLID EXECUTION - Revenue exceeded guidance due to solid execution amidst tariffs and macroeconomic uncertainties, according to CFO Saori Casey

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$344.76 mln
$324.80 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.19
-$0.1 (2 Analysts)
Q3 Adjusted Net Income
Beat
$22.60 mln
-$18.90 mln (1 Analyst)
Q3 Net Income
-$3.38 mln
Q3 Adjusted EBITDA
Beat
$36 mln
$16.60 mln (2 Analysts)
Q3 Operating Income
-$2.93 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the household electronics peer group is "hold."

Wall Street's median 12-month price target for Sonos Inc is $12.25, about 11.3% above its August 5 closing price of $10.86

Press Release: ID:nBw2vWgTma

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)