Tech
Sonos Q1: revenue of $664.5 million, up 3% y/y, vs. estimates of $637 million, net income of $123.5 million, down from $132.3 million a year last year and predicts $2 billion in revenue by 2022; up 8%+ (Jonathan Greig/ZDNet)
Jonathan Greig / ZDNet:
Sonos Q1: revenue of $664.5 million, up 3% y/y, vs. estimates of $637 million, net income of $123.5 million, down from $132.3 million a year last year and predicts $2 billion in revenue by 2022; 8% increase +Sonos said revenue for the quarter grew 3% year-over-year to $664.5 million. Speaker maker Sonos this afternoon reported first-quarter revenue…
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