Sonos sales up but operating loss worse than analyst estimates

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Sonos sales up but operating loss worse than analyst estimates

By Staff Report / Monday, September 10th, 2018 / Comments Off on Sonos sales up but operating loss worse than analyst estimates

In Sonos’ first-ever quarterly earnings report Sept. 10, the company announced $208.4 million in revenue from sales of more than 886,000 products in the quarter. While the Santa Barbara audio system maker sold 11 percent more products than the same quarter the previous year, revenues declined 6.6 percent, coming in at the high end of…

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