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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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Sonos, Amgen, Teledyne lead the region in patents

By   /  Saturday, September 5th, 2020  /  middle  /  Comments Off on Sonos, Amgen, Teledyne lead the region in patents

Corporate research and development departments in the Tri-Counties churned out hundreds of new inventions in 2020, driving strong patent activity that has been undeterred by the coronavirus pandemic. A Business Times analysis of 975 patents granted to area inventors in the last 12 months showed imaging and semiconductor technologies remain some of the top avenues Read More →

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Sonos laying off 12 percent of workforce

By   /  Wednesday, June 24th, 2020  /  Earnings, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Sonos laying off 12 percent of workforce

This 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.

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