Sonos rises on Q1 profit beat

Sonos

06/02/2025 15:42

** Shares of audio equipment maker Sonos Inc  SONO.O  rise
7.8% at $15.4
    ** Co posts Q1 adj. EPS of 64 cents vs estimates of 15 cents
per share, according to data compiled by LSEG
    ** SONO records quarterly revenue of $551 million vs
estimates of $519.5 million
    ** 3 of 6 brokerages rate the stock "buy" or higher; 2
"hold" and 1 "sell"; their median PT is $17 - LSEG
    ** Stock down ~12.25% in 2024
    

 (Reporting by Rishab Shaju in Bengaluru)
 ((Rishab.shaju@thomsonreuters.com))