Sonos Inc

NASDAQ:SONO   3:59:50 PM EDT
31.43
-0.01 (-0.03%)
Share Repurchases, Other Pre-Announcement

Sonos Inc Says Qtrly Revenue Increased 6% TO $359.5 Million

Published: 11/17/2021 21:25 GMT
Sonos Inc (SONO) - Qtrly Revenue Increased 6% to $359.5 Million.
Q4 Earnings per Share View $-0.07, Revenue View $360.2 Million -- Refinitiv Ibes Data (analyst estimates).
Sees Fiscal 2022 Revenue in Range of $1.925 Billion to $2.0 Billion, Representing Growth in Range of 12% to 16% From Fiscal 2021.
Qtrly Loss per Share $0.07; Qtrly Adjusted Earnings per Share $0.08.
Sees Fiscal 2022 Adjusted EBITDA in Range of $280 Million to $325 Million.
FY2022 Revenue View $1.86 Billion -- Refinitiv Ibes Data (analyst estimates).
Board Authorized a New Common Stock Repurchase Program of Up to $150 Million.
Sonos - Confident in Ability to Deliver About 13% Revenue Cagr, 45% to 47% Gross Margin, 15% to 18% Adjusted EBITDA Margin Through Fiscal 2024.
Entering Fiscal 2022 With a Significant Backlog Due to Continued Industry-wide Supply Constraints.
Further Company Coverage: .
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