Sonos forecasts 2022 sales above estimates; shares rise
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Sonos (SONO) Stock Jumps 5% following Q4 EPS Beat, Announces $150 Million Stock Repurchase Program
November 17, 2021 5:21 PM ESTSonos (NASDAQ: SONO) shares were trading more than 5% higher after-hours, following the companys reported Q4 results, with EPS coming in at $0.08, beating the consensus estimate of ($0.06). Quarterly revenue grew 6% year-over-year to $359.5 million, compared to the consensus estimate of $360.23 million.
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