Sonos beats analysts' revenue estimates | Pacific Coast Business Times

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Sonos beats analysts’ revenue estimates

By Staff Report / Thursday, November 15th, 2018 / Comments Off on Sonos beats analysts’ revenue estimates

Sonos’ earnings report for the final quarter of the year came as a pleasant surprise for investors, with record revenue of $273 million topping analyst estimates by nearly 10 percent. Shares edged up 1.7 percent ahead of the announcement Nov. 15 and soared past its August IPO price in after-hours trading, gaining 18 percent to…

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