secwatch.observer — SEC 8-K summary
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Issuer:     Sonos Inc (SONO)
CIK:        0001314727
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001314727-22-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonos Q1 revenue $664.5M (+3% YoY); raises FY2022 midpoint; new FY2024 target $2.5B
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- GAAP diluted EPS $0.87 vs $1.01 YoY; non-GAAP diluted EPS $1.02 vs $1.17 YoY.
- Gross margin 47.8% (+140 bps YoY); Adjusted EBITDA $163.1M, margin 24.6%.
- FY2022 revenue guidance raised to $1.95-2.0B (14-16% growth); Adjusted EBITDA $290-325M.
- Fiscal 2024 revenue target increased to ~$2.5B (13% CAGR) from prior $2.25B.
- Chip shortages constrained supply; demand remains strong according to CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1314727/000131472722000008/0001314727-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1314727/000131472722000008/sono-20220209.htm
  HTML page:      https://secwatch.observer/filing/0001314727-22-000008

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