Sonos sales up but operating loss worse than analyst estimates
IN THIS ARTICLE
- Earnings Topic
- Staff Report Author
By Staff Report Monday, September 10th, 2018
In Sonos’ first-ever quarterly earnings report Sept. 10, the company announced $208.4 million in revenue from sales of more than 886,000 products in the quarter. While the Santa Barbara audio system maker sold 11 percent more products than the same quarter the previous year, revenues declined 6.6 percent, coming in at the high end of…