December 18, 2024
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Sonos beat analyst estimates for second quarter

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Sonos slimmed net losses in the second quarter as revenue grew to $260 million, topping analyst estimates and sending shares up 5 percent Aug. 8. Revenue for the Santa Barbara speaker maker grew 25 percent compared to the same period in 2018, the company reported after market close Aug. 7, coming in higher than analyst…

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