secwatch.observer — SEC 8-K summary
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Issuer:     Sonos Inc (SONO)
CIK:        0001314727
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0000950170-22-009376
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonos Q2 FY2022 revenue $399.8M (+20% YoY); GAAP EPS $0.06; narrows FY2022 EBITDA outlook to $290-310M
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- Revenue $399.8M (+20.1% YoY, +22.8% constant currency); GAAP net income $8.6M ($0.06 diluted EPS).
- Gross margin 44.8% (down 500 bps YoY); adjusted EBITDA $46.9M (margin 11.7% vs 14.6% prior year).
- FY2022 outlook: revenue maintained $1.95-2.0B; gross margin narrowed to 45.5-46.0% (from 46-47%); adjusted EBITDA narrowed to $290-310M.
- Free cash flow negative ($106.9M) in Q2; three new products announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1314727/000095017022009376/0000950170-22-009376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1314727/000095017022009376/sono-20220511.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-009376

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