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Snap One Holdings Q4 Loss Widens, Sales Decline; Issues Guidance
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Snap One Holdings Q4 Loss Widens, Sales Decline; Issues Guidance
Mar 7, 2024 2:28 PM

05:14 PM EST, 03/07/2024 (MT Newswires) -- Snap One Holdings ( SNPO ) posted late Thursday a Q4 loss of $0.08 per diluted share, widening from a loss of $0.05 a year ago.

Analysts polled by Capital IQ expected a loss of $0.10 per share.

Net sales for the quarter ended Dec. 29 were $264.4 million, down from $268.2 million a year earlier.

Analysts polled by Capital IQ forecast net sales of $266.4 million.

The company said it projects fiscal 2024 net sales of $1.06 billion to $1.13 billion. Analysts are looking for $1.12 billion.

The stock was up more than 4% in extended trading.

Price: 7.82, Change: +0.31, Percent Change: +4.13

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