Sonos Dramatically Narrows Its Losses as Low-Cost Ikea Speakers Pay Off

Sonos’s recently posted Q3 2019 fiscal-year results are encouraging, with sales growth (relative to the same period last year) having climbed by more than 25 percent. And with revenue at $260 million for Q3 2019, Sonos was able to cut its losses to just $14 million — much less than many financial professionals anticipated, and […]

The post Sonos Dramatically Narrows Its Losses as Low-Cost Ikea Speakers Pay Off appeared first on Digital Music News.

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