SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SONO--Sonos, Inc. (Nasdaq: SONO) today reported Second Quarter Fiscal 2025 results. “We made significant progress in Q2 across our top initiatives,” said Tom Conrad, Sonos Interim Chief Executive Officer. “We're firmly on track in restoring the reliability and responsiveness our customers expect, with nine major software updates delivered in the last ...
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that it has appointed Hugo Barra to its Board of Directors effective April 7, 2025. Mr. Barra is the co-founder and head of product at /dev/agents, a software company building a next-generation operating system for AI agents. “Hugo is a world-class technologist with senior executive experience at several of the m...
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SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $150 million. The $11 million remaining under the company's existing $200 million repurchase program expired upon approval of the new authorization. Under the repurchase program, Sonos may purchase shares of common stock on a di...
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Tom Conrad, Interim Chief Executive Officer, and Saori Casey, Chief Financial Officer, will participate in a fireside chat with Morgan Stanley analyst Erik Woodring at the Morgan Stanley Technology, Media & Telecom Conference on Monday, Mar. 3. The fireside chat will begin at 4:50 pm Pacific. A live webcast ...
Shares of Sonos have continued to wobble after a very strong Q1 earnings print, reflecting investors' nervousness after the company's app update fiasco. The company achieved a strong earnings beat in Q1, with its revenue decline of -10% y/y landing much better than the -15% y/y that Wall Street had feared. The company is freshly cutting 12% of its workforce (after already laying off staff last ...
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