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Sonos shares surge as Q3 results top expectations

Published 06/08/2025, 21:52
Sonos shares surge as Q3 results top expectations
SONO
1.66%

Investing.com -- Sonos Inc (NASDAQ:SONO) shares jumped 6.3% after the audio equipment maker reported better-than-expected third-quarter results, with both earnings and revenue surpassing analyst estimates despite ongoing market challenges.

The company posted adjusted earnings per share of $0.19, significantly outperforming the analyst estimate of -$0.26. Revenue came in at $344.8 million, exceeding the consensus estimate of $337.86 million, though still down 13.2% compared to the same quarter last year.

"Q3 was a solid step forward for Sonos," said Tom Conrad, Sonos Chief Executive Officer. "We’re returning to our founding principles of craftsmanship, customer-first design, and innovation while advancing our vision of Sonos as a platform where hardware and software come together to deliver unique, seamless experiences."

The company reported a non-GAAP gross margin of 44.7%, while adjusted EBITDA reached $36 million, hitting the high end of the company’s guidance range. This marks Sonos’ fourth consecutive quarter of meeting or exceeding its financial targets.

"Q3 was another quarter of solid execution, with revenue above the high end of our guidance, and Adjusted EBITDA at the high end of the range," commented Saori Casey, Sonos Chief Financial Officer. "This marks our fourth consecutive quarter of delivering on our top and bottom line guidance while navigating a complex environment marked by tariffs and an uncertain macroeconomic backdrop."

Despite the positive quarterly results, Sonos faces ongoing challenges, as reflected in its GAAP net loss of $3.4 million or -$0.03 per share. The company has been working to streamline operations while maintaining its focus on innovation in the competitive audio equipment market.

Sonos did not provide specific forward guidance in its earnings release but indicated it would share outlook details during its earnings call.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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