Sonos announces record revenue and profit in the first quarter
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Sonos Inc. (SONO) PT Lowered to $19 at Raymond James
February 7, 2019 7:33 AM ESTRaymond James analyst Adam Tindle lowered the price target on Sonos Inc. (NASDAQ: SONO) to $19.00 (from $21.00) while maintaining a Outperform rating.
Tindle said bears are likely to focus on 1) channel inventory workdown that impacts timing of revenue (though no changes to FY19); and 2) a CFO retirement announcement.
... MoreSonos (SONO) Tops Q1 EPS by 15c, notes reduced sell-through velocity toward end of Q1
February 6, 2019 4:10 PM EST(Updated - February 6, 2019 4:51 PM EST)
Sonos (NASDAQ: SONO) reported Q1 EPS of $0.55, $0.15 better than the analyst estimate of $0.40. Revenue for the quarter came in at $496 million versus the consensus estimate of $490.53 million.
FY 2019 outlook We are reaffirming the full-year FY19 guidance we... More