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Sonos reported Q4 fiscal 2024 results with a revenue of $255.4 million and a GAAP net loss of $53.1 million. The company focused on app recovery efforts and launched new products like Arc Ultra and Sub 4. While facing headwinds in the audio category, Sonos is confident in its ability to gain market share.
Made significant progress in app recovery efforts.
Launched new products Arc Ultra and Sub 4.
Product lineup is the strongest it’s ever been.
Focused on acquiring more customers and solidifying loyal customer base.
The company will provide guidance on its fourth quarter and Fiscal 2024 earnings call.
Visualization of income flow from segment revenue to net income