Sonos (SONO) Tops Q4 EPS by 18c, FY21 Revenue Guidance Beats
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Sonos Reports Record Fourth Quarter and Fiscal 2020 Results
November 18, 2020 4:05 PM ESTSonos reaches inflection point demonstrating the power and profitability of its business model
SANTA BARBARA, Calif.--(BUSINESS WIRE)-- Sonos, Inc. (Nasdaq: SONO) today reported record fourth quarter and fiscal 2020 results.
Fourth Quarter 2020 Financial Highlights (unaudited)
GAAP net income increased to $18.4 million from ($29.6) million last year; non-GAAP net income excluding stock-based compensation, restructuring and legal and transaction related fees increased to $40.7 million from ($16.6) million last year GAAP diluted earnings per share (EPS) increased to $0.15 from ($0.28) last year; non-GAAP diluted earnings per share (EPS) excluding... More