Recap: Sonos Q1 Earnings

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Sonos SONO reported its Q1 earnings results on Wednesday, February 9, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Sonos beat estimated earnings by 9.68%, reporting an EPS of $1.02 versus an estimate of $0.93.

Revenue was up $18.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14, which was followed by a 1.2% drop in the share price the next day.

Here's a look at Sonos's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.06 -0.17   0.88
EPS Actual 0.08 0.27 0.31 1.17
Revenue Estimate 360.23M 313.60M 248.41M 589.86M
Revenue Actual 359.54M 378.67M 332.95M 645.58M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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