Sonos reports lower net loss than analysts estimated

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Sonos reports lower net loss than analysts estimated

By Staff Report / Thursday, May 9th, 2019 / Comments Off on Sonos reports lower net loss than analysts estimated

Updated at 2:40 p.m. May 9: Santa Barbara speaker maker Sonos saw revenue jump 13 percent to $210 million for its fiscal second quarter ended March 30, and net losses narrowed to $22.8 million, down nearly 30 percent from the same quarter in 2018. The 22-cent net loss per share handily beat average analyst estimates…

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