Sonos: Fiscal Q3 Earnings Snapshot
SANTA BARBARA, Calif. (AP) _ Sonos Inc. (SONO) on Wednesday reported a loss of $597,000 in its fiscal third quarter.
On a per-share basis, the Santa Barbara, California-based company said it had a loss of less than 1 cent.
The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The maker of wireless speakers and home sound systems posted revenue of $371.8 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $428.3 million.
Sonos expects full-year revenue in the range of $1.73 billion to $1.76 billion.