Sonos (NASDAQ:SONO) reported its Q1 earnings results on Tuesday, February 6, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Sonos beat estimated earnings by 115.38%, reporting an EPS of $0.84 versus an estimate of $0.39.

Revenue was down $59.71 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 17.09% increase in the share price the next day.

Here's a look at Sonos's past performance:

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.