Previous Close | 0.0500 |
Open | 0.0700 |
Bid | 0.0500 |
Ask | 0.1000 |
Strike | 22.50 |
Expire Date | 2024-05-17 |
Day's Range | 0.0700 - 0.1000 |
Contract Range | N/A |
Volume | |
Open Interest | 117 |
Sonos (SONO) delivered earnings and revenue surprises of -25.93% and 2.51%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Despite Challenges, Sonos Slightly Exceeds Expectations with Strategic Innovations and Maintains 2024 Guidance
Audio technology Sonos company (NASDAQ:SONO) announced better-than-expected results in Q1 CY2024, with revenue down 16.9% year on year to $252.7 million. The company expects the full year's revenue to be around $1.65 billion, in line with analysts' estimates. It made a non-GAAP loss of $0.34 per share, down from its profit of $0.04 per share in the same quarter last year.