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Post-earnings rip for Sonos

Nov. 15, 2018 4:28 PM ETSonos, Inc. (SONO) StockSONOBy: Clark Schultz, SA News Editor3 Comments
  • Sonos (NASDAQ:SONO) is up 14% in AH trading after a resounding earnings beat and sparkling EBITDA tally.
  • The company reported EBITDA of $20.2M to easily top the consensus mark of $12.5M. The outlook for EBITDA next fiscal year was also strong.
  • "We expect annual adjusted EBITDA in the range of $83 million to $88 million, or 20 to 27% growth year-over-year. For Q1 FY2019, we expect adjusted EBITDA in the range of $66 million to $69 million, or 1 to 6% growth year-over-year," updates Sonos.
  • Previously: Sonos beats by $0.10, beats on revenue (Nov. 15)

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