It took a while, but workers stuck at home seemed to realize that good sound was worth paying for.
That at least was what strong quarterly results from Sonos, reported late Wednesday, suggest. After two straight quarters of sales declines, the maker of high-end wireless speakers saw revenue jump nearly 16% year over year to $339.8 million for its fiscal fourth quarter ended Oct. 3. That was 14% ahead of Wall Street’s revenue target for the period—the largest beat Sonos has managed since going public in 2018, according to FactSet….
