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03.02.26 - 22:06
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Sonos Reports First Quarter Fiscal 2026 Results (Business Wire)
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Q1 Revenue above midpoint of guidance range, Adjusted EBITDA near high-end of rangeSANTA BARBARA, Calif.--(BUSINESS WIRE)--$SONO--Sonos, Inc. (Nasdaq: SONO) today reported First Quarter Fiscal 2026 results.
“Fiscal 2026 is off to a good start for Sonos as we make progress toward a return to growth,” said Tom Conrad, Chief Executive Officer of Sonos. “We're focused on coordinated execution across the growth dimensions that matter, from product and software to marketing and global expansion. With the announcement of Amp Multi, and with more planned later this year, we're returning to product innovation that strengthens Sonos as a system, pairing great products with a simpler, more reliable, and more powerful platform designed to create long-term value for our customers, partners, and the business – all while maintaining our commitment to operational discipline.”
“In Q1 we delivered revenue above the midpoint of our guidance range and strong Adjusted EBITDA that expanded 45% over the prior year...
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