Despite a Profitable Quarter, Sonos’ Stock Plummets More Than 15%

Sonos’ CFO and consumer trends have managed to undercut an otherwise successful quarter at the company. Sonos has posted the financial results of its first quarter of 2019 ended December 29th, 2018. Generating the most profitable quarter to date, the hardware maker brought in $61.7 million of net income.  Sonos also posted an earnings per […]

The post Despite a Profitable Quarter, Sonos’ Stock Plummets More Than 15% appeared first on Digital Music News.

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