Sonos Inc. (SONO, Financial) shares rose by 5% with a trading volume of 975,641 shares and a turnover rate of 0.80%. The stock is currently priced at $14.90 per share. Recent financial reports show Sonos achieved revenue of $1.518 billion, a net loss of $38.15 million, and earnings per share of -$0.31. The gross profit was $687 million, and the price-to-earnings ratio stood at -48.05.
Among analysts, 50% recommend buying, 38% suggest holding, and 12% advise selling. In the consumer electronics sector, the overall increase was 0.10%. Key performers include Wearable Devices Ltd and Vuzix Corporation, while Algorhythm Holdings and Wearable Devices Ltd showed significant activity.
Sonos Inc. specializes in home audio systems, offering products like speakers and accessories. Most of its revenue is generated from the Americas.
