Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides wireless speakers, home theater speakers, components, and accessories. It offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its Website sonos.com. The company was formerly known as Rincon Audio, Inc. and changed its name to Sonos, Inc. in May 2004. Sonos, Inc. was incorporated in 2002 and is headquartered in Santa Barbara, California.
General Outlook
In simple terms, Sonos, Inc. has 128.258 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.428% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -0.031%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.026%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.040% return, is a testament to Sonos, Inc.'s adeptness in optimizing resource deployment. Sonos, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.072%. Furthermore, the proficiency of Sonos, Inc. in capital utilization is underscored by a remarkable -0.072% return on capital employed.
Stock Prices
Sonos, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $14.02, while its low point bottomed out at $13.48. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Sonos, Inc.'s stock market.
