Overview
Audio company's fiscal Q1 revenue rose, exceeding midpoint of company's guidance range
Adjusted EBITDA for fiscal Q1 near high end of range, up 45% yr/yr
Co reports adjusted EPS of $0.93
Outlook
Sonos to provide guidance during Q1 Fiscal 2026 earnings call
Sonos focuses on product innovation and global expansion for future growth
Result Drivers
PRODUCT INNOVATION - Introduction of Amp Multi and planned future products aimed at strengthening Sonos system and platform
OPERATIONAL DISCIPLINE - Strong financial discipline and reinvestment for growth led to a 45% increase in adjusted EBITDA
COORDINATED EXECUTION - Focus on product, software, marketing, and global expansion contributed to positive results
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | $545.66 mln | $536.93 mln (2 Analysts) |
Q1 Adjusted EPS | Beat | $0.93 | $0.64 (2 Analysts) |
Q1 Adjusted Net Income | Beat | $116 mln | $78.34 mln (1 Analyst) |
Q1 Net Income | $93.80 mln | ||
Q1 Adjusted EBITDA | Beat | $132 mln | $117.20 mln (2 Analysts) |
Q1 Operating Income | $100.42 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the household electronics peer group is "hold."
Wall Street's median 12-month price target for Sonos Inc is $19.25, about 29.7% above its February 2 closing price of $14.84
Press Release: ID:nBw7tx0SPa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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