Sonos (SONO) Tops Q1 EPS by 29c, Offers Guidance
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Sonos Reports Record First Quarter Fiscal 2021 Results
February 10, 2021 4:05 PM ESTAchieves Record Number of New Customers and Record Number of Existing Customers Adding Additional Products
Raises Fiscal 2021 Outlook
SANTA BARBARA, Calif.--(BUSINESS WIRE)-- Sonos, Inc. (Nasdaq: SONO) today reported record first quarter fiscal 2021 results.
First Quarter 2021 Financial Highlights (unaudited)
GAAP net income increased 87% to $132.3 million from $70.8 million last year; non-GAAP net income excluding stock-based compensation, restructuring and legal and transaction related fees increased to $153.2 million from $87.4 million last year. GAAP diluted earnings per share (EPS) increased to $1.01 from $0.60 last... More