Sonos Projects Q1 Revenue Between $570M and $630M Amid Margin Expansion Strategy
Sonos (SONO) has reported a return to growth following its Q4 performance, which included double-digit revenue increases. Management emphasized their ability to maintain cost discipline while achieving significant operational improvements during the recent quarter. Looking ahead, the company provided Q1 revenue guidance in the range of $570 million to $630 million. A central pillar of their long-term financial strategy is a targeted 500 basis point uplift in gross margins by the end of fiscal year 2027.
Tickers: $SONO
Topics: cost discipline quarterly results revenue growth
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Part of the story Sonos expects $570M-$630M Q1 revenue as it targets 500 bps gross margin uplift by FY27 exit (2 articles)