Sonos shares rise 12% on earnings and revenue beat
Publishing timestamp: 2024-02-06 16:49:55
Summary
Sonos shares rose over 12% in extended trading after reporting fiscal 2024 first-quarter sales and earnings that exceeded Wall Street expectations. Despite the shrinking industry, Sonos expressed confidence in its market share and teased a new product launch in the coming months.
Sentiment: POSITIVE
Keywords: sonos inc, amazon.com inc, breaking news: technology, technology, earnings, business news, apple inc, business, mobile,
Source: https://www.cnbc.com/2024/02/06/sonos-sono-earnings-report-q1-2024.html