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Sonos wins patent dispute with Google

By   /  Monday, August 16th, 2021  /  Banking & Finance, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos wins patent dispute with Google

A judge from the U.S. International Trade Commission ruled in favor of Santa Barbara based Sonos on Aug. 13, finding that Alphabet Inc’s Google infringed upon five of Sonos’ patents for wireless speakers and related technology. Judge Charles E. Bullock did not give a reason for the decision but the ruling did find that Google Read More →

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Sonos delivers surprise profit, raises revenue guidance

By   /  Wednesday, August 11th, 2021  /  Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos delivers surprise profit, raises revenue guidance

Sonos delivered a loud earnings beat after the markets closed Aug. 11, as the Santa Barbara-based home sound system producer delivered net income back in the black when the company announced its third quarter 2021 earnings. Sonos generated net income of $17.6 million, or 12 cents per diluted share, for the quarter ended June 30.  Read More →

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Sonos shares up after strong earnings report

By   /  Wednesday, May 12th, 2021  /  Banking & Finance, Earnings, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos shares up after strong earnings report

Sonos saw a record second quarter as it reported $17.2 million in net income on May 12, up from a steep loss the year before, and beat analysts’ expectations. The Santa Barbara-based home sound system producer went from a net loss of $52.3 million, or 48 cents per share, in the second fiscal quarter of Read More →

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Small speaker is a big move for Sonos

By   /  Friday, April 23rd, 2021  /  Banking & Finance, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Small speaker is a big move for Sonos

The newest speaker from Sonos, Roam, made its debut April 20 and has the potential to help the Santa Barbara smart-speaker company grow in 2021 and beyond. Roam is Sonos’ first attempt into breaking into the portable Bluetooth speaker market, a market that is expected to see an annual growth rate of 11.71% from 2019 Read More →

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Sonos shares rise on earnings beat

By   /  Wednesday, February 10th, 2021  /  Banking & Finance, Earnings, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Sonos shares rise on earnings beat

Sonos saw a big bump in its stock after the markets closed Feb. 10 after the Santa Barbara-based home audio company released a strong earnings report for the first quarter of its fiscal year 2021.  Sonos saw an 87% increase in net income and a 15% increase in revenue for the quarter that ended Jan. Read More →

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Sonos earns $18.4M in 3rd quarter, but still shows a loss for the year

By   /  Monday, November 23rd, 2020  /  middle, Technology  /  Comments Off on Sonos earns $18.4M in 3rd quarter, but still shows a loss for the year

Santa Barbara’s smart speaker darling Sonos has strong quarter

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Apple declares war on Sonos and other smaller competitors

By   /  Tuesday, October 13th, 2020  /  Columns, Technology  /  Comments Off on Apple declares war on Sonos and other smaller competitors

Henry Dubroff

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