English

Sonos Financial Results for April to June 2021

English

Have you ever heard of Sonos (ticker symbol: SONO), a U.S. stock?

It is a U.S. consumer electronics company.

In this article, we will introduce the company’s financial results for the period from April to June 2021, which were announced on August 11, 2021.

Financial Results for April to June 2021

EPS: 12¢ vs. forecast of -6¢.

Net sales of $379 million vs. forecast of $315 million.

Sales growth was 51.9% YoY.

Gross profit was $178 million. Gross profit was $178 million, compared with $110 million in the same period last year.

Gross margin was 47.0%. In the same period last year, it was 44.0%.

Net income was $17.82 million. Net income was $17.82 million compared to -$56.98 million in the same period last year.

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