Sonos (SONO) Tops Q2 EPS by 53c, FY Rev. Guidance Beats

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Go back to Sonos (SONO) Tops Q2 EPS by 53c, FY Rev. Guidance Beats

Sonos Reports Record Second Quarter Fiscal 2021 Results

May 12, 2021 4:05 PM EDT

Raises Fiscal 2021 Outlook

SANTA BARBARA, Calif.--(BUSINESS WIRE)-- Sonos, Inc. (Nasdaq: SONO) today reported record second quarter fiscal 2021 results.

Second Quarter 2021 Financial Highlights (unaudited)

GAAP net income (loss) increased to $17.2 million from ($52.3) million last year; non-GAAP net income (loss) excluding stock-based compensation, restructuring and legal and transaction related fees increased to $44.6 million from ($37.2) million last year. GAAP diluted earnings per share (EPS) increased to $0.12 from ($0.48) last year; non-GAAP diluted earnings per share (EPS) excluding stock-based compensation, restructuring, and legal and transaction related fees... More