
Sonos slashes full-year guidance behind softening demand
Earnings, Latest news, Technology, Tri-County Public CompaniesShares of Santa Barbara-based Sonos have dipped more than 30% since the company’s second-quarter earnings were announced on May 10, revealing that the company would be slashing its fiscal projections for the full year. For the quarter ended March 31, Sonos generated revenue worth $304.2 million, down 22.4% year-over-year while gross margin decreased 150 basis Read More →
Good works: Livingston Memorial Foundation donates nearly $500,000 to Ventura County nonprofits
Latest news, Nonprofits, PhilanthropyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.