Sonos

CEDIA Expo 2021: Should You Risk Your Health to Attend a ‘20% Expo’?

August 26, 2021 by Ted 6 Comments

CEDIA18 Day 2 crowds — I saw more open aisles on Days 2 & 3

The Day After Losing 39 Exhibitors, Expo Loses Another 26

What a crazy couple of weeks it has been for exhibitors of CEDIA Expo 2021, and also for potential attendees who watched a slow-motion train wreck unfold right in front of their eyes. It was almost exactly two weeks ago – on August 10th – when Savant CEO Robert Madonna suddenly announced that Savant was pulling out of CEDIA, due to concerns over the surging infections from the Delta variant of COVID-19.

Little did we know then that this was the trickle before the flood…

See more on the saga of CEDIA Expo 2021

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Samsung Says ‘Recent Rise’ of COVID, is Cause for Withdrawal from CEDIA Expo

August 14, 2021 by Ted Leave a Comment

BREAKING NEWS

The announcements are coming faster than I can get them written up, as I learned late Friday that Samsung has notified their dealers that they too have pulled out of the CEDIA Expo 2021. Pressure is building on other exhibitors to take a stand. A tipping point may be approaching…

See more on Samsung exiting CEDIA Expo…

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The ‘Risks of Exhibiting…are Too High,’ Sonos Cancels Participation at CEDIA Expo

August 13, 2021 by Ted Leave a Comment

BREAKING NEWS

In a note sent to dealers Friday, Sonos said that “after much deliberation” it has decided that it will no longer be participating in the CEDIA Expo 2021 as originally planned. Yet another in a line of exhibitors leaving the event, the company cited “the recent increases in COVID cases and the prevalence of the Delta variant.”

See more on Sonos canceling their CEDIA Expo presence

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Sonos Delivers Strong Fiscal 2021 Q2 Results Thanks in Part to a Lousy 2020

May 13, 2021 by Ted Leave a Comment

Raises Guidance for FY2021; Issues Strongest Warning Yet of Supply Chain Issues

After the close of market on Wednesday, Sonos, Inc. (NASDAQ: SONO) reported their fiscal 2021, second quarter results which were very strong. On Wall Street they like to call that an “earnings surprise” and they really, really like it when it is a positive surprise. Sonos did not disappoint them.

See the Sonos 2nd quarter results

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Sonos Car Audio and Other Surprises at Investor Event

March 11, 2021 by Ted 2 Comments

Audi Q4 E-Tron interior with Sonos car audio — *Audi Q4 E-Tron interior [Click to enlarge]*

On Tuesday, Sonos held a major investors event that started off with the introduction of their new Roam portable speaker. But the real purpose of this event was to provide investors information on their financial performance. And stock analysts and the media got quite a show – and a few surprises – as the company revealed their formula for success.

Learn what Sonos says is their success formula…

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With Direct Sales Expanding, Sonos Reports Record 1st Qtr Fiscal 21 Results

February 11, 2021 by Ted Leave a Comment

On Wednesday after the close of markets, Sonos announced that it had turned in a record first quarter in their current 2021 fiscal year with revenues up, profits up, long-term debt down and new records set in several performance categories. In fact, actual performance came in so much stronger than the company had originally anticipated, that after just this first quarter of the year they announced they were revising and raising their guidance for their anticipated revenues and profits for the remainder of the fiscal year.

But were there any dark clouds in the super sunny Sonos report?

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Sonos Scores Another Patent Win, Legrand Signs Multi-Year Licensing Deal

December 16, 2020 by Ted 2 Comments

In yet another sign of patent success for Sonos, major industry player Legrand has agreed to a multi-year licensing deal to cover the technology used in their Nuvo line of wireless multi-room products. This is yet another sign that tends to add to the growing power of the Sonos patent portfolio covering these technologies.

See more on this announcement of a deal with Legrand…

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Sonos & Google Patent War Gets Ugly, Each Accuses the Other of Bad Faith

December 3, 2020 by Ted 2 Comments

A hearing before a California federal judge brought an ugly exchange between attorneys for both Sonos and Google – with each side pointing their finger at the other and accusing them of bad faith. That attorneys got ugly against their counterparts is not in itself surprising. However, the speed with which this dispute devolved to that point was a surprise.

Learn more about this escalating battle between Sonos & Google…

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Sonos is Getting Hooked on D2C Biz; Revenues & Profits Exceed Expectations

November 20, 2020 by Ted 2 Comments

But Is Everything Really as Good as It Looks?

Sonos, Inc. [NASDAQ: SONO] released their fourth quarter and full year financial results for fiscal 2020. Their performance pleasantly surprised Wall Street and their stock value exploded well over 20% in Thursday trading as the company exceeded analysts’ estimates for both revenue growth and profits. But is everything as it appears here?

See more on Sonos financial results…

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Sonos Stock Slammed on News Apple Stores Drop the Line

October 7, 2020 by Ted 2 Comments

Lost 7% of Value in After-Hours Trading

Bloomberg News reported late on Monday that Apple is dropping Sonos [NASDAQ: SONO] and other non-Apple branded products from their stores. The news of Sonos losing such a major customer caused their stock to derail in after hours trading, down almost 7% in value at one point. On Tuesday, Sonos stock price closed down 3.2% as Wall Street digested the news.

See why Apple stores are dropping Sonos…

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Sonos

CEDIA Expo 2021: Should You Risk Your Health to Attend a ‘20% Expo’?