Sonos (NASDAQ:SONO) reported its Q2 earnings results on Wednesday, May 11, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Sonos beat estimated earnings by 271.43%, reporting an EPS of $0.26 versus an estimate of $0.07.
Revenue was up $66.83 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 4.47% increase in the share price the next day.
Here's a look at Sonos's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.93 | -0.06 | -0.17 | |
| EPS Actual | 1.02 | 0.08 | 0.27 | 0.31 |
| Revenue Estimate | 641.01M | 360.23M | 313.60M | 248.41M |
| Revenue Actual | 664.48M | 359.54M | 378.67M | 332.95M |
To track all earnings releases for Sonos visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
