Overview

* Sonos ( SONO ) fiscal Q3 revenue beats high end of guidance

* Adjusted EPS for fiscal Q3 beats analyst expectations, per LSEG data

* Adjusted EBITDA for fiscal Q3 beats analyst estimates, per LSEG data

Outlook

* Company to provide guidance on Third Quarter Fiscal 2025 earnings call

* Sonos ( SONO ) highlights tariffs and macroeconomic uncertainty as challenges

Result Drivers

* EXPENSE DECLINES - Significant year-over-year expense declines contributed to adjusted EBITDA at high end of guidance, per CFO Saori Casey

* SOLID EXECUTION - Revenue exceeded guidance due to solid execution amidst tariffs and macroeconomic uncertainties, according to CFO Saori Casey

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $344.76 $324.80

Revenue mln mln (2

Analysts

)

Q3 Beat $0.19 -$0.1 (2

Adjusted Analysts

EPS )

Q3 Beat $22.60 -$18.90

Adjusted mln mln (1

Net Analyst)

Income

Q3 Net -$3.38

Income mln

Q3 Beat $36 mln $16.60

Adjusted mln (2

EBITDA Analysts

)

Q3 -$2.93

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the household electronics peer group is "hold."

* Wall Street's median 12-month price target for Sonos Inc ( SONO ) is $12.25, about 11.3% above its August 5 closing price of $10.86

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)