earnings
confidence high
sentiment negative
materiality 0.70
Sonos reports FY2024 GAAP net loss of $38.1M; Q4 revenue $255.4M, EPS -$0.44
Sonos Inc
2024-FY EPS reported
-$0.31
revenue$1,518,056,000
- FY2024 revenue $1,518.1M; GAAP net loss $38.1M ($0.31 diluted EPS loss); non-GAAP diluted EPS $0.56.
- Q4 FY2024 revenue $255.4M; GAAP net loss $53.1M ($0.44 diluted EPS loss); adjusted EBITDA -$22.6M.
- Launched Arc Ultra and Sub 4 in late Q4; initial customer feedback positive.
- CEO cites app recovery progress and solid product lineup; audio category remains challenged.
- FY2024 new products per home increased; company aims to gain category share.