---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-016477"
form_type: "8-K"
ticker: "SONO"
cik: "0001314727"
company_name: "Sonos Inc"
filed_at: "2022-08-10T23:59:59+00:00"
generated_at: "2026-06-24T01:21:15.593580+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sonos Q3 revenue $371.8M (-1.8% YoY), net loss $0.6M; FY22 revenue guidance cut to $1.73-1.755B; CFO Bagley resigns

## Summary
- GAAP net loss of $0.6M vs net income $17.8M last year; GAAP diluted EPS $0.00 vs $0.12.
- Non-GAAP diluted EPS $0.19 vs $0.27; Adjusted EBITDA $42.1M vs $46.7M; free cash flow -$16.0M.
- FY22 revenue guidance slashed to $1.73B-$1.755B from $1.95B-$2.0B; EBITDA guidance cut to $215M-$230M from $290M-$310M.
- CFO Brittany Bagley resigns effective Sept 1, 2022; CLO Eddie Lazarus appointed interim CFO.
- FY2024 revenue target of $2.5B and EBITDA margin 15-18% timeline extended beyond FY2024 due to macro uncertainty.

## SEC filing metadata
- accession: 0000950170-22-016477
- form_type: 8-K
- ticker: SONO
- cik: 0001314727
- company_name: Sonos Inc
- filed_at: 2022-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314727/000095017022016477/0000950170-22-016477-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314727/000095017022016477/sono-20220805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-016477
- JSON: https://secwatch.observer/filing/0000950170-22-016477.json
- Plain text: https://secwatch.observer/filing/0000950170-22-016477.txt

## Key facts
- Executive change
  Eddie Lazarus was appointed as Interim Chief Financial Officer at Sonos Inc.
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: On August 9, 2022, the Company appointed Eddie Lazarus, Chief Legal Officer of the Company, as Interim Chief Financial Officer, effective September 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1314727/000095017022016477/0000950170-22-016477-index.htm
- Executive change
  Brittany Bagley resigned as Chief Financial Officer at Sonos Inc.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On August 5, 2022, Brittany Bagley notified the Company that she is resigning as Chief Financial Officer of the Company, effective as of September 1, 2022, to pursue another professional opportunity.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1314727/000095017022016477/0000950170-22-016477-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.