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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 Inc - Announces Reorganization and 12% Workforce Reduction

THOMSON REUTERS

Sonos Inc - Expects $15-$18 Million in Restructuring Charges

THOMSON REUTERS

What To Expect From Sonos’s (SONO) Q4 Earnings

Sonos Inc expected to post earnings of 15 cents a share - Earnings Preview

Is Sonos (SONO) the Best Consumer Electronics Stock to Invest in Now?

A Look Back at Consumer Electronics Stocks’ Q3 Earnings: Sonos (NASDAQ:SONO) Vs The Rest Of The Pack

Sonos (SONO) Looks to Rectify Its Damaged Reputation after Failed App Launch

The $500 Million Debacle at Sonos That Just Won't End -- WSJ

Sonos Announces Date for First Quarter Fiscal 2025 Financial Results and Conference Call

Sonos Elminates Position of Chief Product Officer

MT Newswires Live

Sonos Interim CEO Makes His Mark Early into Tenure -- Market Talk

BRIEF-Sonos Inc Eliminates Chief Product Officer Role

Sonos Inc - Eliminates Chief Product Officer Role

THOMSON REUTERS

Sonos Chief Product Officer to Leave; Interim CEO to Take Role

Analysts Conflicted on These Technology Names: Sonos (SONO), Flywire (FLYW) and Hewlett Packard Enterprise (HPE)

Sonos CEO Leaving After Botched App Revamp Led to Customer Revolt

Sonos Names Tom Conrad Interim CEO

MT Newswires Live

Sonos Announces CEO Transition

THOMSON REUTERS

Sonos Inc - Patrick Spence to Step Down as Sonos CEO and Board Member

THOMSON REUTERS

Sonos Inc - Appoints Tom Conrad as Interim CEO

THOMSON REUTERS

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Announces Reorganization and 12% Workforce Reduction","url":"https://stock-news.laohu8.com/highlight/detail?id=2509594362","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509594362?lang=en_us&edition=fundamental","pubTime":"2025-02-06 05:12","pubTimestamp":1738789976,"startTime":"0","endTime":"0","summary":null,"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:20250205:nFWN3OW1YV:1","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":"reuters_en_live","symbols":["BK4588","BK4585","SONO","BK4078"],"gpt_icon":0},{"id":"2509594302","title":"Sonos Inc - Expects $15-$18 Million in Restructuring Charges","url":"https://stock-news.laohu8.com/highlight/detail?id=2509594302","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509594302?lang=en_us&edition=fundamental","pubTime":"2025-02-06 05:12","pubTimestamp":1738789976,"startTime":"0","endTime":"0","summary":null,"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:20250205:nFWN3OW1YV:2","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":"reuters_en_live","symbols":["BK4585","SONO","BK4078","BK4588"],"gpt_icon":0},{"id":"2509280725","title":"What To Expect From Sonos’s (SONO) Q4 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2509280725","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509280725?lang=en_us&edition=fundamental","pubTime":"2025-02-05 21:01","pubTimestamp":1738760463,"startTime":"0","endTime":"0","summary":"Audio technology Sonos company  will be reporting results tomorrow after market hours. Here’s what to expect.Sonos beat analysts’ revenue expectations by 2.2% last quarter, reporting revenues of $255.4 million, down 16.3% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts’ EBITDA estimates.Is Sonos a buy or sell going into earnings?This quarter, analysts are expecting Sonos’s revenue to decline 14.5% year on year to $523.9 million, a further deceleration from the 8.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.30 per share.When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.","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/expect-sonos-sono-q4-earnings-130103847.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":["VFC","SONO"],"gpt_icon":0},{"id":"2509494831","title":"Sonos Inc  expected to post earnings of 15 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2509494831","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509494831?lang=en_us&edition=fundamental","pubTime":"2025-02-05 05:12","pubTimestamp":1738703526,"startTime":"0","endTime":"0","summary":"Sonos Inc  expected to post earnings of15cents a share - Earnings Preview Sonos Inc SONO.OQ SONO.O is expected to show a fall in quarterly revenue when it reports  results on February 6 for the period","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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250204:nL8N3OV2S3:1","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":["SONO"],"gpt_icon":0},{"id":"2507877636","title":"Is Sonos (SONO) the Best Consumer Electronics Stock to Invest in Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2507877636","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2507877636?lang=en_us&edition=fundamental","pubTime":"2025-01-29 20:10","pubTimestamp":1738152601,"startTime":"0","endTime":"0","summary":"We recently published a list of 11 Best Consumer Electronics Stocks to Invest in Now. In this article, we are going to take a look at where Sonos, Inc.  stands against other best consumer electronics stocks to invest in now.The global consumer electronics market has seen significant growth, reaching a valuation of $755 billion in 2024, with projections to hit $1.15 trillion by 2031, according to Research and Markets. This growth is driven by rising demand for innovative devices that enhance convenience. Consumer electronics, including smartphones, tablets, smartwatches, and connected home devices, have transformed how people live, work, and connect.We first sifted through ETFs, online rankings, and internet lists to compile a list of the top consumer electronics stocks. We then selected","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-sono-best-consumer-electronics-121001764.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":["BK4585","SONO","QLD",".IXIC","NVIW.SI","MNQmain","SQQQ","TQQQ","USJW.SI","USAW.SI","QID","PSQ","BK4588","TSYW.SI","NQmain","BK4078"],"gpt_icon":1},{"id":"2506759800","title":"A Look Back at Consumer Electronics Stocks’ Q3 Earnings: Sonos (NASDAQ:SONO) Vs The Rest Of The Pack","url":"https://stock-news.laohu8.com/highlight/detail?id=2506759800","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506759800?lang=en_us&edition=fundamental","pubTime":"2025-01-28 17:07","pubTimestamp":1738055243,"startTime":"0","endTime":"0","summary":"The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Sonos  and the rest of the consumer electronics stocks fared in Q3.Consumer electronics companies aim to address the evolving leisure and entertainment needs of consumers, who are increasingly familiar with technology in everyday life. Whether it’s speakers for the home or specialized cameras to document everything from a surfing session to a wedding reception, these businesses are trying to provide innovative, high-quality products that are both useful and cool to own. Adding to the degree of difficulty for these companies is technological change, where the latest smartphone could disintermediate a whole category of consumer electronics. Companies that successfully serve customers and innovate can enjoy high customer loyalty and pricing power, while those that struggle with these may go the way of the VHS tape.The 4 c","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/look-back-consumer-electronics-stocks-090723000.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","AAPL","NDAQ",".IXIC","GPRO"],"gpt_icon":1},{"id":"2505217150","title":"Sonos (SONO) Looks to Rectify Its Damaged Reputation after Failed App Launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2505217150","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505217150?lang=en_us&edition=fundamental","pubTime":"2025-01-21 16:07","pubTimestamp":1737446828,"startTime":"0","endTime":"0","summary":"Audio products manufacturer Sonos ($SONO) has been in the spotlight due to several major setbacks. A failed app launch in May 2024 significantly da...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/sonos-sono-looks-to-rectify-its-damaged-reputation-after-failed-app-launch?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/sonos-sono-looks-to-rectify-its-damaged-reputation-after-failed-app-launch?utm_source=itigerup.com&utm_medium=referral","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":"tipranks_highlight","symbols":["BK4588","SONO","BK4078","BK4585"],"gpt_icon":0},{"id":"2504473041","title":"The $500 Million Debacle at Sonos That Just Won't End -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2504473041","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504473041?lang=en_us&edition=fundamental","pubTime":"2025-01-18 10:00","pubTimestamp":1737165600,"startTime":"0","endTime":"0","summary":"The most peculiar business calamity of the past year started when millions of people suddenly discovered that something was terribly wrong with one of their favorite pieces of technology.Sonos, the company that makes premium audio equipment, rolled out a redesigned app last year that was supposed to improve the user experience and accelerate the company's pace of innovation. Like other Sonos products, the idea sounded great.Until it led to one of the most disastrous software updates in the recent history of consumer technology.As soon as the glitchy app was released in May, the complaints from Sonos customers came in loud and clear. They couldn't use its basic features. They couldn't access their own audio systems. Their speakers had become sleekly designed bricks -- and they couldn't help but feel completely infuriated.It cost the chief executive his job this past week -- and the company says it has also cost at least $100 million in revenue. But if you measure the financial hit by th","market":"sg","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":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","BK4585","BK4078","SONO"],"gpt_icon":0},{"id":"2504928313","title":"Sonos Announces Date for First Quarter Fiscal 2025 Financial Results and Conference Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2504928313","media":"Business Wire","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504928313?lang=en_us&edition=fundamental","pubTime":"2025-01-17 05:05","pubTimestamp":1737061500,"startTime":"0","endTime":"0","summary":"The live conference call may also be accessed toll free by dialing 1  330-2454 with conference ID 8641747. Participants outside the U.S. can access the call by dialing 1  789-2714.Sonos  is one of the world’s leading sound experience brands. As the inventor of multi-room wireless home audio, Sonos’ innovation helps the world listen better by giving people access to the content they love and allowing them to control it however they choose. Known for delivering an unparalleled sound experience, thoughtful home design aesthetic, simplicity of use and an open platform, Sonos makes the breadth of audio content available to anyone. Sonos is headquartered in Santa Barbara, California. Learn more at www.sonos.com.","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-announces-date-first-quarter-210500040.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SONO","BK4585","BK4588","BK4078"],"gpt_icon":0},{"id":"2503612077","title":"Sonos Elminates Position of Chief Product Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=2503612077","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503612077?lang=en_us&edition=fundamental","pubTime":"2025-01-15 20:03","pubTimestamp":1736942639,"startTime":"0","endTime":"0","summary":"Sonos  said in a regulatory filing late Tuesday that it has informed   chief product officer Maxime Bouvat-Merlin that the CPO role will be eliminated effective immediately.The company said it has agreed with Bouvat-Merlin to continue working as an advisor to the interim chief executive officer during a transition period.","market":"hk","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":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4585","SONO","BK4078","BK4588"],"gpt_icon":0},{"id":"2503635319","title":"Sonos Interim CEO Makes His Mark Early into Tenure -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503635319","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503635319?lang=en_us&edition=fundamental","pubTime":"2025-01-15 07:23","pubTimestamp":1736896980,"startTime":"0","endTime":"0","summary":"1823 ET - Sonos' new leader is taking on a lot of responsibilities. Interim CEO Tom Conrad is eliminating the chief product officer role and said the product organization will report directly to him. Conrad in a note to employees cited his product background as a reason the CPO role, held by Maxime Bouvat-Merlin, at Sonos would be redundant. Conrad's past stints include serving as CPO at Quibi and vice president of product at Pandora. The maker of premium wireless speakers and other audio products is in the midst of a serious shakeup in the last two days alone, starting with Patrick Spence stepping down as CEO. Bouvat-Merlin agreed to stay on as an adviser to Conrad for a time during the transition. ","market":"sg","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 Interim CEO Makes His Mark Early into Tenure -- Market Talk","news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SONO","BK4588","BK4078","BK4585"],"gpt_icon":0},{"id":"2503633561","title":"BRIEF-Sonos Inc Eliminates Chief Product Officer Role","url":"https://stock-news.laohu8.com/highlight/detail?id=2503633561","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503633561?lang=en_us&edition=fundamental","pubTime":"2025-01-15 06:58","pubTimestamp":1736895496,"startTime":"0","endTime":"0","summary":"BRIEF-Sonos Inc Eliminates Chief Product Officer RoleJan 14 (Reuters) - Sonos SONO.O:SONOS INC - ELIMINATES CHIEF PRODUCT OFFICER ROLESource text: [ID:n0001314727-25-000006]Further company coverage: SONO.O ((Reuters.Briefs@thomsonreuters.com;))","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:20250114:nFWN3OA0WL:1","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":"2503687675","title":"Sonos Inc - Eliminates Chief Product Officer Role","url":"https://stock-news.laohu8.com/highlight/detail?id=2503687675","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503687675?lang=en_us&edition=fundamental","pubTime":"2025-01-15 06:00","pubTimestamp":1736892055,"startTime":"0","endTime":"0","summary":null,"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:20250114:nFWN3OA0WL:1","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":"reuters_en_live","symbols":["BK4588","BK4078","SONO","BK4585"],"gpt_icon":0},{"id":"2503795687","title":"Sonos Chief Product Officer to Leave; Interim CEO to Take Role","url":"https://stock-news.laohu8.com/highlight/detail?id=2503795687","media":"Bloomberg","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503795687?lang=en_us&edition=fundamental","pubTime":"2025-01-15 05:38","pubTimestamp":1736890718,"startTime":"0","endTime":"0","summary":" -- Sonos Inc. Chief Product Officer Maxime Bouvat-Merlin is leaving the audio technology company, following Monday’s exit of the chief executive officer amid the fallout from the failure of its app revamp, according to a person with knowledge of the matter.Bouvat-Merlin, who has been product chief since 2023, will remain an adviser to new interim CEO Tom Conrad, said the person, who asked not to be named because the departure hasn’t been announced publicly. Conrad, in his first major move since taking over the company, is eliminating the chief product officer role and taking over the responsibilities given his experience in the area.Sonos and longtime CEO Patrick Spence parted ways Monday after changes to its mobile app in May led to a decline in revenue and customers losing trust in the brand.A Sonos spokesperson didn’t immediately respond to a request for comment.Bouvat-Merlin joined Sonos in 2016 as a hardware executive and was its operations chief prior to his promotion to product","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-chief-product-officer-leave-213838654.html","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":"yahoofinance","symbols":["BK4588","BK4078","BK4585","SONO"],"gpt_icon":0},{"id":"2503286415","title":"Analysts Conflicted on These Technology Names: Sonos (SONO), Flywire (FLYW) and Hewlett Packard Enterprise (HPE)","url":"https://stock-news.laohu8.com/highlight/detail?id=2503286415","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503286415?lang=en_us&edition=fundamental","pubTime":"2025-01-14 18:50","pubTimestamp":1736851814,"startTime":"0","endTime":"0","summary":"Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Sonos (SONO – Research Report), Flywire (FLYW – Re...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-conflicted-on-these-technology-names-sonos-sono-flywire-flyw-and-hewlett-packard-enterprise-hpe?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/blurbs/analysts-conflicted-on-these-technology-names-sonos-sono-flywire-flyw-and-hewlett-packard-enterprise-hpe?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":["LU0757428866.USD","LU0348723411.USD","BK4585","FLYW","BK4170","BK4539","BK4588","BK4106","BK4227","HPE","LU1815336091.USD","SONO","BK4535","BK4078","BK4515"],"gpt_icon":0},{"id":"2503581016","title":"Sonos CEO Leaving After Botched App Revamp Led to Customer Revolt","url":"https://stock-news.laohu8.com/highlight/detail?id=2503581016","media":"Bloomberg","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503581016?lang=en_us&edition=fundamental","pubTime":"2025-01-13 22:43","pubTimestamp":1736779413,"startTime":"0","endTime":"0","summary":" -- Sonos Inc. Chief Executive Officer Patrick Spence is leaving after eight years in the job, a move that follows a botched app revamp that upset customers and stymied growth.The audio technology company named Tom Conrad, a board member and former executive at Snap Inc. and the Pandora music streaming service, as interim CEO effective Monday and said the company has hired a firm to find a new leader. Sonos said the move isn’t related to its first-quarter financial results, which will be announced in February.The decision to tap a new CEO comes after several months of turmoil at Sonos. In May, the company rolled out a new mobile app — the software consumers use to control their speakers and other equipment — that was riddled with bugs. Among the problems, the user interface confused customers, lost key accessibility features, and removed capabilities like the sleep timer and alarms.The woes also weighed on Sonos’ stock price, which has fallen about 13% since the app launched. 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