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» Sonos reports Q3 revenues of $208.4M, down 6.6% YoY, and a net loss of $27M, a change of 86% YoY, in its first report since its IPO; stock down 13%+ after hours (Tim Bradshaw/Financial Times)
Sonos reports Q3 revenues of $208.4M, down 6.6% YoY, and a net loss of $27M, a change of 86% YoY, in its first report since its IPO; stock down 13%+ after hours (Tim Bradshaw/Financial Times)
By
Eresh
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September 10, 2018
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http://www.techmeme.com/
Techmeme
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Tim Bradshaw / Financial Times:
Sonos reports Q3 revenues of $208.4M, down 6.6% YoY, and a net loss of $27M, a change of 86% YoY, in its first report since its IPO; stock down 13%+ after hours — Sonos was deprived of a stock-price boost from its maiden earnings on Monday, as investors' enthusiasm earlier in the day fizzled after its figures were revealed.
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