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SONO — Sonos News Story

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Wireless audio maker Sonos beats Q4 revenue estimates

Overview

Sonos Q4 revenue grows 13% yr/yr, beating analyst expectations

Adjusted EPS for Q4 beats consensus, reflecting improved financial performance

Adjusted EBITDA for Q4 exceeds analyst estimates, driven by transformation efforts

Outlook

Sonos will provide guidance during its earnings call

Result Drivers

TRANSFORMATION EFFORTS - Sonos attributes significant growth in fiscal 2025 Adjusted EBITDA to transformation efforts, becoming a leaner, more focused organization

SOFTWARE AND LEADERSHIP IMPROVEMENTS - CEO Tom Conrad cites restoration of software quality and strengthened leadership team as key achievements in Q4

UNIFIED SOUND PLATFORM - Sonos aims to unite hardware, software, and design into a seamless home platform, contributing to Q4 success

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeat$287.90 mln$275.80 mln (2 Analysts)
Q4 Adjusted EPSBeat-$0.06-$0.24 (2 Analysts)
Q4 Adjusted Net IncomeBeat-$6.80 mln-$34.90 mln (1 Analyst)
Q4 Net Income-$37.85 mln
Q4 Adjusted EBITDABeat$6.40 mln$2.62 mln (2 Analysts)
Q4 Operating Income-$34.40 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 2 "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 $14.70, about 11.6% below its November 4 closing price of $16.41 Press Release: ID:nBw3zjYxa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (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.)

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