Sonos reports Q4 adjusted EPS (6c), one estimate 5c

Reports Q4 revenue $287.9M, two estimates $275.83M. “Q4 marked a strong finish to a transitional year for Sonos (SONO),” said Tom Conrad, CEO of Sonos. “We restored the quality of our software, strengthened our leadership team, and refocused on the areas where we’re truly differentiated. As we turn the page on a new chapter and lay the foundation for our next phase of growth, our strategy is clear: to unite every dimension of sound – through world-class hardware, software, and design – into one seamless platform for the home.”