Sonos Hits Sour Note – Fiscal Q2 Sales Drop 17%, Losses Hit $52.3 Million

CEO Says Direct-to-Consumer Sales Were Big, Launching Three New Models Sonos Inc. announced Wednesday the results of their fiscal second quarter, a quarter that CEO Patrick Spence called “challenging.” The company saw a double-digit sales decline of 17% to $175.1 … Continue reading

Crestron in Triumphant Return to CEDIA Expo

Crestron Electronics announced today that it is returning to the CEDIA Expo show for the first time since Strata-gee broke the news of their surprising exit from the event four years ago in 2016. This announcement marks a triumphant return … Continue reading

Critically Needed to Protect Crews, The DaVinci Group Sets Up to Supply Dealers PPE

The DaVinci Group (TDG), a specialty supplier of custom integration gear including architectural speakers, amplifiers and more, has taken extraordinary steps to offer their dealers responsibly sourced personal protection equipment (PPE), such that their work crews can safely continue to … Continue reading

Crestron Launches Handy System Configurator for Crestron Home Systems

Crestron Electronics has launched a handy new Configurator for their Creston Home system that gives integrators the ability to pre-configure systems in-house prior to deployment. This new configurator helps integrators efficiently setup and test their Crestron Home systems configuration and … Continue reading

After Nearly 18 Years, SVP & GM Doug Cole Leaves Universal Remote Control

For several days now, multiple sources have reached out to Strata-gee to report that Doug Cole, Senior Vice President and General Manager of Universal Remote Control – better known as URC – has left the company. I have confirmed his … Continue reading

Melrose Suspends Dividends, Cuts Executive Pay

Parent of Many Top CI Brands Steps in to Adjust for Impact of COVID-19 Melrose Industries PLC has announced it will suspend the payment of its usual year-end dividend in the face of the deteriorating economic environment as a result … Continue reading

Savant Launches New Support Structure & Options for Today’s ‘New Normal’

Savant Adapts to ‘New Normal’ of Work-at-Home You don’t need me to tell you…the entire world has changed dramatically in just a few short weeks. Deadly viral outbreaks forcing government mandated ‘Stay-at-Home’ orders is something we haven’t seen in our … Continue reading

As Overall Economy Hit by COVID-19, Layoffs Hit Tech as Well

AudioQuest Announces Downsizing A relatively large number of readers and industry sources have reached out to Strata-gee with word of cutbacks and layoffs at various industry brands – as the impact of coronavirus (COVID-19) takes its toll on the U.S. … Continue reading

Strata-gee Survey: Majority of All Tech Businesses Already Impacted by COVID-19

Strata-gee’s COVID-19 Impact on Tech Study Offers Insights on Early Pandemic Impact This week, Strata-gee launched a survey designed to get a sense of the level of impact on Tech businesses by the coronavirus COVID-19 pandemic now sweeping across the … Continue reading