Sees Q2 adjusted EBITDA loss of $18M to gain of $10M. Sees Q2 GAAP gross margin 44%-46%. Says expects revenue in the first half of FY26 to be $796M-$826M. Says gross margin guidance range embeds higher memory costs in Q2. Sees Q2 operating expenses $134M-$144M. Comments and guidance taken from Q1 earnings conference call.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SONO:
- Sonos reports Q1 adjusted EPS 93c vs 68c last year
- Sonos Inc (SONO) Q1 Earnings Cheat Sheet
- Sonos Stock Gets a Boost after Ending Product Drought with Launch of Installer-Focused ‘Amp Multi’
- Sonos Strengthens Board to Support Platform-Driven Strategy
- Sonos price target raised to $21 from $19 at Jefferies