Sonos (NASDAQ:SONO) reported its Q1 earnings results on Wednesday, February 9, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Sonos beat estimated earnings by 9.68%, reporting an EPS of $1.02 versus an estimate of $0.93.
Revenue was up $18.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14, which was followed by a 1.2% drop in the share price the next day.
Here's a look at Sonos's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.17 | 0.88 | |
| EPS Actual | 0.08 | 0.27 | 0.31 | 1.17 |
| Revenue Estimate | 360.23M | 313.60M | 248.41M | 589.86M |
| Revenue Actual | 359.54M | 378.67M | 332.95M | 645.58M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
