Speaker maker Sonos reports rise in Q1 revenue

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

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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