Earnings call transcript: Sonos tops Q4 estimates, shares rise after hours
Sonos reported stronger-than-expected Q4 earnings, beating Wall Street estimates with adjusted earnings of $0.04 per share, compared to a forecast loss of $0.18. Revenue rose to $344 million, up 20% year-over-year and 11% excluding the 14th week. Management indicated that while the company has returned to growth, margin pressure will remain a challenge in the upcoming fiscal year.
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