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Sonos Inc

10.53

-0.5600-5.05%

Post-market: 10.760.2300+2.18%17:33 EDT

Volume:1.40M

Turnover:14.88M

Market Cap:1.26B

PE:-18.46

High:10.97

Open:10.93

Low:10.52

Close:11.09

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Overview Company News Filings

Sonos (NASDAQ:SONO) Reports Bullish Q4

Sonos lays off 200 employees amid ongoing troubles

Audio Equipment Maker Sonos Slashes 12% Jobs - What's Going On?

BUZZ-Sonos rises on Q1 profit beat

Sonos Shares Rise 9% on 1Q Profit, Revenue Beats

Here's What Key Metrics Tell Us About Sonos (SONO) Q1 Earnings

Sonos (SONO) Q1 Earnings and Revenues Top Estimates

Sonos Fiscal Q1 Non-GAAP Net Income, Revenue Decrease

MT Newswires Live

Earnings Flash (SONO) Sonos Posts Fiscal Q1 Revenue $550.9 Million, vs. FactSet Est of $519.8 Million

MT Newswires Live

Earnings Flash (SONO) Sonos Posts Fiscal Q1 Adjusted EPS $0.64, vs. FactSet Est of $0.30

MT Newswires Live

Sonos Q1 2025 Adj. EPS $0.64 Beats $0.15 Estimate, Sales $551M Beat $519.475M Estimate

Sonos: Fiscal Q1 Earnings Snapshot

Associated Press Finance

Stock Track | Sonos Inc. Surges 5.05% in Pre-Market on Workforce Reduction and Cost-Cutting Plans

BRIEF-Sonos Q1 Adjusted EPS USD 0.64 Vs. IBES Estimate USD 0.15

Sonos Q1 Revenue USD 550.857 Million VS. Ibes Estimate USD 519.5 Million

THOMSON REUTERS

PRESS DIGEST - Wall Street Journal - Feb 6

Sonos lays off 200 staff, Verge reports

Sonos to Reduce Workforce by 12%; Shares Fall After Hours

MT Newswires Live

Sonos to Cut 12% of Jobs in Further Restructuring Push

BRIEF-Sonos Announces Reorganization And 12% Workforce Reduction

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Its non-GAAP profit of $0.64 per share was significantly above analysts’ consensus estimates.“Yesterday we implemented important organizational changes that mark the start of a new chapter of efficiency and growth for Sonos,” said Tom Conrad, Sonos Interim CEO.A pioneer in connected home audio systems, Sonos  offers a range of premium wireless speakers and sound systems.We at StockStory place the most emphasis on long-term growth, but within consumer discretionary, a stretched historical view may miss a company riding a successful new product or trend. Sonos’s history shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 9.1% annually.This quarter, Sonos’s revenue fell by 10.1% year on year to $550.9 million but beat Wall Street’s estimates by 5.2%.Looking ahead, sell-side analysts expect revenue to g","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/sonos-nasdaq-sono-reports-bullish-203120951.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MNQmain",".IXIC","IE00B64PRP62.GBP","SQQQ","USAW.SI","TQQQ","PSQ","LU2210149790.SGD","IE00BGHQF748.EUR","LU2095319765.USD","BK4585","QID","BK4588","NQmain","LU2210150020.SGD","SONO","QLD","IE00B3QW5Z07.USD","BK4078","USJW.SI","NVIW.SI","NDAQ","IE00BKPKM429.USD","TSYW.SI","BK4112"],"gpt_icon":1},{"id":"2509835607","title":"Sonos lays off 200 employees amid ongoing troubles","url":"https://stock-news.laohu8.com/highlight/detail?id=2509835607","media":"LA Times","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509835607?lang=en_us&edition=fundamental","pubTime":"2025-02-07 03:32","pubTimestamp":1738870354,"startTime":"0","endTime":"0","summary":"Sonos announced it would lay off 200 employees, continuing the fallout from a botched app release last year.Sonos, which pioneered affordable home speaker systems, announced this week it is cutting 200 jobs in an attempt to restructure following mismanagement and financial losses that have roiled the Santa Barbara-based company.The layoffs, which represent about 12% of Sonos' workforce, come after months of trouble, including a disastrous relaunch of the speaker company's app last year that left customers leery and led to former chief executive Patrick Spence's exit last month.Sonos will restructure into smaller teams based on function — hardware, software, design, quality and operations — instead of around the various products it sells to help in decision-making and collaboration, according to the announcement.The company's troubles were spurred in large part by the release in May last year of a new Sonos controller app that was nearly unusable, customers said.In an earnings report re","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/sonos-lays-off-200-employees-193234899.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SONO","BK4588","BK4078","BK4585"],"gpt_icon":0},{"id":"2509209629","title":"Audio Equipment Maker Sonos Slashes 12% Jobs - What's Going On?","url":"https://stock-news.laohu8.com/highlight/detail?id=2509209629","media":"Benzinga","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509209629?lang=en_us&edition=fundamental","pubTime":"2025-02-07 00:48","pubTimestamp":1738860491,"startTime":"0","endTime":"0","summary":"Sonos announces a 12% workforce reduction as part of its restructuring plan aimed at improving operational efficiency. The company estimates restructuring costs of $15 million to $18 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/02/43536147/audio-equipment-maker-sonos-slashes-12-jobs-whats-going-on","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4078","BK4585","SONO","BK4588"],"gpt_icon":0},{"id":"2509420811","title":"BUZZ-Sonos rises on Q1 profit beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2509420811","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509420811?lang=en_us&edition=fundamental","pubTime":"2025-02-06 23:42","pubTimestamp":1738856549,"startTime":"0","endTime":"0","summary":"BUZZ-Sonos rises on Q1 profit beat ** Shares of audio equipment maker Sonos Inc SONO.O rise 7.8% at $15.4** Co posts Q1 adj. EPS of 64 cents vs estimates of 15 cents per share, according to data compiled by LSEG** SONO records quarterly revenue of $551 million vs estimates of $519.5 million** 3 of 6 brokerages rate the stock \"buy\" or higher; 2 \"hold\" and 1 \"sell\"; their median PT is $17 - LSEG** Stock down ~12.25% in 2024  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250206:nL4N3OX1TW:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","SONO","BK4078","BK4585"],"gpt_icon":0},{"id":"2509277085","title":"Sonos Shares Rise 9% on 1Q Profit, Revenue Beats","url":"https://stock-news.laohu8.com/highlight/detail?id=2509277085","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509277085?lang=en_us&edition=fundamental","pubTime":"2025-02-06 23:07","pubTimestamp":1738854420,"startTime":"0","endTime":"0","summary":"Sonos shares were up 9% to $15.49 after the company reported first-quarter earnings that beat analysts' expectations Thursday.The audio technology company said its quarterly net income fell to $50.2 million, or 40 cents a share, from $80.9 million, or 64 cents a share, in the prior-year period. Analysts polled by FactSet were looking for $16.6 million, or 17 cents a share.Revenue for the quarter was $550.9 million, compared with last year's $612.9 million and the $519.8 million analysts were expecting.Adjusted earnings were 64 cents a share, compared with the 30 cents a share analysts had forecast.On Wednesday, the Santa Barbara, Ca., company said it was reducing the total size of its workforce by around 12% to cut costs, and it expects to book restructuring charges of $15 million to $18 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SONO"],"gpt_icon":0},{"id":"2509209713","title":"Here's What Key Metrics Tell Us About Sonos (SONO) Q1 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2509209713","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509209713?lang=en_us&edition=fundamental","pubTime":"2025-02-06 23:00","pubTimestamp":1738854006,"startTime":"0","endTime":"0","summary":"Sonos  reported $550.86 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 10.1%. EPS of $0.64 for the same period compares to $0.84 a year ago.The reported revenue represents a surprise of +4.91% over the Zacks Consensus Estimate of $525.06 million. With the consensus EPS estimate being $0.36, the EPS surprise was +77.78%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Revenue by Product Category- Sonos speakers: $467.14 million versus the two-analyst average estimate of $427.35 million. The reported number represents a year-over-year change of -7.1%.Revenue by Product Category- Partner products and other revenue: $23.44 million versus the two-analyst average estimate of $22.90 million. The reported number repre","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/heres-key-metrics-tell-us-150006964.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SONO"],"gpt_icon":0},{"id":"2509220582","title":"Sonos (SONO) Q1 Earnings and Revenues Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2509220582","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509220582?lang=en_us&edition=fundamental","pubTime":"2025-02-06 22:45","pubTimestamp":1738853104,"startTime":"0","endTime":"0","summary":"Sonos  came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 77.78%. A quarter ago, it was expected that this maker of wireless speakers and home sound systems would post a loss of $0.22 per share when it actually produced a loss of $0.18, delivering a surprise of 18.18%.Sonos , which belongs to the Zacks Audio Video Production industry, posted revenues of $550.86 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.91%. This compares to year-ago revenues of $612.87 million. The company has topped consensus revenue estimates four times over the last four quarters.Sonos shares have lost about 5.2% since the beginning of the year versus the S&P 500's gain of 3.1%.While Sonos has underperformed the market so far this year, the question","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/sonos-sono-q1-earnings-revenues-144504328.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SONO"],"gpt_icon":0},{"id":"2509068279","title":"Sonos Fiscal Q1 Non-GAAP Net Income, Revenue Decrease","url":"https://stock-news.laohu8.com/highlight/detail?id=2509068279","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509068279?lang=en_us&edition=fundamental","pubTime":"2025-02-06 22:04","pubTimestamp":1738850697,"startTime":"0","endTime":"0","summary":"Sonos  reported fiscal Q1 non-GAAP net income Thursday of $0.64 per diluted share, down from $0.84 a year earlier.Three analysts polled by FactSet expected $0.30.Revenue for the fiscal quarter ended Dec. 28 was $550.9 million, down from $612.9 million a year earlier.Analysts surveyed by FactSet expected $519.8 million.Shares of the company were up more than 6% in Thursday's premarket activity.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SONO"],"gpt_icon":0},{"id":"2509276749","title":"Earnings Flash (SONO) Sonos Posts Fiscal Q1 Revenue $550.9 Million, vs. FactSet Est of $519.8 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2509276749","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509276749?lang=en_us&edition=fundamental","pubTime":"2025-02-06 21:48","pubTimestamp":1738849709,"startTime":"0","endTime":"0","summary":"Earnings Flash (SONO) Sonos Posts Fiscal Q1 Revenue $550.9 Million, vs. FactSet Est of $519.8 Million","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SONO"],"gpt_icon":0},{"id":"2509276743","title":"Earnings Flash (SONO) Sonos Posts Fiscal Q1 Adjusted EPS $0.64, vs. FactSet Est of $0.30","url":"https://stock-news.laohu8.com/highlight/detail?id=2509276743","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509276743?lang=en_us&edition=fundamental","pubTime":"2025-02-06 21:47","pubTimestamp":1738849664,"startTime":"0","endTime":"0","summary":"Earnings Flash (SONO) Sonos Posts Fiscal Q1 Adjusted EPS $0.64, vs. FactSet Est of $0.30","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SONO"],"gpt_icon":0},{"id":"2509952276","title":"Sonos Q1 2025 Adj. EPS $0.64 Beats $0.15 Estimate, Sales $551M Beat $519.475M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2509952276","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509952276?lang=en_us&edition=fundamental","pubTime":"2025-02-06 21:43","pubTimestamp":1738849429,"startTime":"0","endTime":"0","summary":"Sonos Q1 2025 Adj. EPS $0.64 Beats $0.15 Estimate, Sales $551M Beat $519.475M Estimate","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/02/43527629/sonos-q1-2025-adj-eps-0-64-beats-0-15-estimate-sales-551m-beat-519-475m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":"Sonos Q1 2025 Adj. EPS $0.64 Beats $0.15 Estimate, Sales $551M Beat $519.475M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SONO"],"gpt_icon":0},{"id":"2509271082","title":"Sonos: Fiscal Q1 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2509271082","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509271082?lang=en_us&edition=fundamental","pubTime":"2025-02-06 21:43","pubTimestamp":1738849417,"startTime":"0","endTime":"0","summary":"SANTA BARBARA, Calif.  — SANTA BARBARA, Calif.  — Sonos Inc.  on Thursday reported net income of $50.2 million in its fiscal first quarter.The Santa Barbara, California-based company said it had profit of 40 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 64 cents per share.The maker of wireless speakers and home sound systems posted revenue of $550.9 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $525.1 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/sonos-fiscal-q1-earnings-snapshot-134337732.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SONO"],"gpt_icon":0},{"id":"1169149207","title":"Stock Track | Sonos Inc. Surges 5.05% in Pre-Market on Workforce Reduction and Cost-Cutting Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=1169149207","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1169149207?lang=en_us&edition=fundamental","pubTime":"2025-02-06 21:32","pubTimestamp":1738848762,"startTime":"0","endTime":"0","summary":"Sonos Inc.'s stock soared 5.05% in the pre-market session on Thursday, as the company's announced plans to reduce its workforce and cut costs fueled investor optimism.The maker of premium wireless speakers and audio products revealed intentions to trim its workforce by approximately 12% under the leadership of newly appointed interim CEO Tom Conrad. This strategic move aims to streamline operations and improve overall cost efficiency.Investors have responded positively to Sonos' swift actions in","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Sonos Inc. Surges 5.05% in Pre-Market on Workforce Reduction and Cost-Cutting Plans","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["SONO"],"gpt_icon":1},{"id":"2509427525","title":"BRIEF-Sonos Q1 Adjusted EPS USD 0.64 Vs. 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Reuters has not verified these stories and does not vouch for their accuracy.-","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250206:nL4N3OX0CT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2602419157.SGD","IE00BK4W5L77.USD","LU0971096721.USD","LU0323591593.USD","SONO","LU0345769631.USD","LU0127658192.USD","LU0149725797.USD","LU0345768740.USD","LU1670628061.USD","LU1551013425.SGD","LU1121112475.USD","LU2087625088.SGD","LU0820561818.USD","BDX","LU1201861249.SGD","LU1720051108.HKD","FNMA","LU0957808578.USD","LU2023251221.USD","LU1854103824.USD","LU0477156797.USD","LU0251142724.SGD","LU1551013342.USD","LU2362541513.USD","LU2362541273.HKD","LU2462157665.USD","LU2491050071.SGD","IE00BK4W5M84.HKD","LU0994945656.USD","LU1066051498.USD","LU2362540622.SGD","LU0742534661.SGD","LU1032955483.USD","LU0823421333.USD","BK4533","LU0353189680.USD","SG9999018857.SGD","LU0096364046.USD","LU1267930490.SGD","GOOGL","LU1868836757.USD","LU0795875169.SGD","LU0787776722.HKD","LU1066051811.HKD","LU0426417589.USD","LU0106261372.USD","LU2065171402.SGD","FMCC","LU2420271590.USD"],"gpt_icon":1},{"id":"2509265993","title":"Sonos lays off 200 staff, Verge reports","url":"https://stock-news.laohu8.com/highlight/detail?id=2509265993","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509265993?lang=en_us&edition=fundamental","pubTime":"2025-02-06 07:30","pubTimestamp":1738798213,"startTime":"0","endTime":"0","summary":"On Wednesday, Sonos (SONO) laid off roughly 200 staff, The Verge’s Chris Welch reports. “One thing I’ve observed first hand is that we’ve become mi...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/sonos-lays-off-200-staff-verge-reports?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/sonos-lays-off-200-staff-verge-reports?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4588","SONO","BK4078","BK4585"],"gpt_icon":0},{"id":"2509506472","title":"Sonos to Reduce Workforce by 12%; Shares Fall After Hours","url":"https://stock-news.laohu8.com/highlight/detail?id=2509506472","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509506472?lang=en_us&edition=fundamental","pubTime":"2025-02-06 06:38","pubTimestamp":1738795129,"startTime":"0","endTime":"0","summary":"Sonos  said Wednesday it will reduce about 12% of its workforce as it looks to improve its operating model and cost structure.The company expects to incur about $15 million to $18 million of restructuring and related charges, with substantially all of the charges likely in its fiscal Q2, according to a regulatory filing.Sonos shares were down 2.9% in after-hours activity.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4078","BK4585","SONO","BK4588"],"gpt_icon":0},{"id":"2509575632","title":"Sonos to Cut 12% of Jobs in Further Restructuring Push","url":"https://stock-news.laohu8.com/highlight/detail?id=2509575632","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509575632?lang=en_us&edition=fundamental","pubTime":"2025-02-06 06:03","pubTimestamp":1738792980,"startTime":"0","endTime":"0","summary":"Sonos said it is reducing the total size of its workforce by around 12% to cut costs, shortly after Tom Conrad took over as interim chief executive of the troubled maker of premium wireless speakers and other audio products.The Santa Barbara, Ca., company on Wednesday said it expects to book restructuring charges of $15 million to $18 million as it reorganizes its operations into flatter, smaller and more focused teams to improve its core experience and deliver new products.\"One thing I've observed firsthand is that we've become mired in too many layers that have made collaboration and decision-making harder than it needs to be,\" Conrad said in a letter sent to employees.As of Sept. 28, Sonos had 1,708 full-time employees. The company expects to incur most of the restructuring expenses in its fiscal second-quarter earnings.Overall, Sonos is moving away from business units for individual product categories and reorganizing its product forces into functional groups for hardware, software","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Sonos to Cut 12% of Jobs in Further Restructuring Push","news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4078","SONO","BK4588","BK4585"],"gpt_icon":0},{"id":"2509515712","title":"BRIEF-Sonos Announces Reorganization And 12% Workforce 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