11.76 +0.11 (0.95%)
After hours: 4:11PM EDT
|Bid||11.61 x 1800|
|Ask||11.62 x 1100|
|Day's Range||11.58 - 11.94|
|52 Week Range||9.23 - 23.60|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||52.48|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.17|
This week's major tech stories include Ikea's team-up with Sonos, YouTube TV's prices heading north and all the details we know about the new Disney Plus streaming service.
Today's major tech stories include Ikea's teaming up with Sonos to make new smartspeakers, Pinterest getting set to finally go public and Google Maps' addition of slowdown options, making it easier to report data for other users' benefit.
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]
The smart speaker company will vacate its current offices at Capitol Hill's Bullitt Center and in a WeWork downtown.
This post was done in partnership with Wirecutter. The street price of this model has fallen since the release of the Gen 2 version, but the original Gen 1 is still recommended. It makes for a nice addition to an existing Sonos setup or a good starter speaker if you like the color.
If you want to know who really controls Sonos, Inc. (NASDAQ:SONO), then you'll have to look at the makeup of its share...
“Hey Google, should I buy Sonos Inc . (NASDAQ: SONO )?” Google Assistant can now answer questions through the Sonos One and Beam Speakers. And those people who don’t have Sonos speakers may buy one because ...
After delaying a promised 2018 arrival (while offering a beta as consolation),Google Assistant is finally arriving on select Sonos speakers
Today Sonos (SONO) brings the smart control of the Google Assistant to Sonos’ brilliant sound experience. As the first to bring multiple voice assistants to the same sound system, Sonos demonstrates the power of an open, multi-partner platform that prioritizes choice for customers. Use voice with the Google Assistant built-in to Sonos One or Sonos Beam, or with a connected Google Home product to easily start a song, queue a TV show, check the weather, and control the smart home.
Soundtrack Your Brand Sweden AB licenses its music catalog of 50 million songs to be played in public venues such as shops and restaurants for about $30 a month. The service will now be available to as many as 300,000 businesses using Sonos speakers, Soundtrack Chief Executive Officer Ola Sars said in an interview. Store owners are obliged to pay for a commercial music license if they play songs in public, but rates often vary based on complicated factors, such as the square-meter size of a venue.
On a per-share basis, the Santa Barbara, California-based company said it had a loss of 22 cents. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment ...
Shares of Sonos Inc. rose more than 4% in the extended session Thursday after the maker of speakers and other electronics reported a narrower loss in the fiscal second quarter and sales beat expectations. Sonos said it lost $23 million, or 22 cents a share, in the quarter, compared with a loss of $34 million, or 55 cents a share, in the year-ago period. Revenue rose 13% to $210 million, compared with $187 million a year ago. Analysts polled by FactSet had expected a loss of 35 cents a share on sales of $209 million in the quarter. Sonos said it will roll out a "much-anticipated" launch of Alphabet Inc.'s Google Assistant on its speakers. "We've been working on this for quite a while and are thrilled to be rolling it out next week," Chief Executive Patrick Spence said in a letter to shareholders.
Sonos, Inc. (“Sonos”) (SONO) has released its financial results for the second fiscal quarter ended March 30, 2019 in a letter to shareholders available on the investor relations section of its website. As previously announced, Sonos will host a conference call and Q&A to discuss the results at 5:00 p.m. Eastern Time today. Sonos (SONO) is one of the world’s leading sound experience brands.
Friday is set to be a big day for U.S. markets, with President Trump expected to push ahead with new tariffs on Chinese imports and Uber -- the unicorn of unicorns that really represents the current VC-backed craze -- debuts in its eagerly awaited IPO.Expectations are extremely high, as billions in private capital has funneled into pre-IPO companies in the hope of getting in early on the next Amazon (NASDAQ:AMZN) or Facebook (NASDAQ:FB). But all the capital available has resulted in many companies staying private longer, avoiding the rush to IPO that typified prior cycles, and thus seeing valuations soar in multiple venture capital funding rounds.Uber could mark the end of this amid a recent rush to get out the door as stocks have pushed to new record highs in recent days. The action has the feeling of musical chairs, with everyone rushing to cash out before the music stops.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Great Stocks to Buy on Dips But with many newly minted IPOs showing modest, at best, financial performance it's unsurprising many are faltering under the scrutiny that comes with being publicly traded. Here are four recent IPOs that have fallen flat: Lyft (LYFT) Click to EnlargeUber's most direct competitor here in the U.S., Lyft (NASDAQ:LYFT), IPO'd in late March to great fanfare only to see its stock crater in the weeks that followed. A fresh breakdown is underway now, taking shares below a two-month consolidation range. Uber is sucking the air out of the room, alongside a drivers' strike and realization that the road to profitability will be long and troubled and unlikely to be driven by the dockless bikes and scooters you see littered on the streets of America's largest cities.The company will next report results on Aug. 6 after the close. The company last reported on May 7 with a loss of $9.02 per share beating estimates by $1.86. Snap (SNAP) Click to EnlargeShares of Snapchat parent Snap (NYSE:SNAP) have crossed back below their 50-day moving average in what looks like the beginning of the end for the powerful uptrend that started in January and saw shares jump more than 50%. Watch for prices to drift lower on profit-taking as SNAP stock remains well below its 2017 IPO price. Analyst opinion has been mixed, with a series of downgrades in April followed by a batch of upgrades in May. * 10 Lithium Stocks to Buy Despite the Market's Irrationality The company will next report results on July 23 after the close. Analysts are looking for a loss of 21 cents per share on revenues of $359.1 million. When the company last reported on April 23, a loss of 10 cents per share beat estimates by 2 cents on a 38.9% rise in revenues. Stitch Fix (SFIX) Click to EnlargeClothes-in-a-box provider Stitch Fix (NASDAQ:SFIX) debuted to great fanfare in late 2017 as it seemed poised to disrupt the fashion industry with its army of stylists and its "try at home" convenience. But shares have lost roughly 50% from their post-IPO high and are mired in a trading range below its 200-day moving average as competitors popped up and heavyweights like Amazon have waded into its territory.The company will next report results on June 10 after the close. Analysts are looking for a loss of 1 cent per share on revenues of $395.1 million. When the company last reported on March 11, earnings of 12 cents per share beat estimates by 7 cents on a 25% rise in revenues. Sonos (SONO) Click to EnlargeBluetooth speaker maker Sonos (NASDAQ:SONO) IPO'd in the summer of 2018 and has since also lost roughly 50% from its post-IPO high. Shares have once again cut below its 50-day moving average and remain mired in a six-month consolidation range. The space is highly competitive, with Amazon and Apple (NASDAQ:AAPL) among the heavyweights pushing into the space as the company lacks a strong economic moat or unique intellectual property. * 7 Tips for New Investors Young and Old The company will next report results on May 9 after the close. Analysts are looking for a loss of 35 cents per share on revenues of $215.6 million. When the company last reported on Feb. 6, earnings of 55 cents per share beat estimates by 11 cents on a 193.5% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post 4 IPOs That Have Fallen FlatÂ appeared first on InvestorPlace.
This post was done in partnership with Wirecutter. Historically $180-$200, the street price has fallen to $170 in recent weeks (decline in street price started with the release of the Gen 2). This speaker, the most compact in the Sonos lineup, is available in black or white and is a great way to start a multiroom system or add to an existing Sonos setup.
Sonos, Inc. (“Sonos”) (SONO) today announced that after market close on Thursday, May 9, 2019, the company will report financial results for the fiscal second quarter ended Mar. 30, 2019 in a letter to shareholders. In addition, the company will host a conference call and Q&A to discuss the results on the same day at 5:00 p.m. EDT. A live webcast and replay of the conference call and Q&A will be accessible at: https://investors.sonos.com/news-and-events/default.aspx.
There is a new IKEA Sonos speaker line that hides the audio devices as furniture.Source: Shutterstock Here's what to know about the new IKEA Sonos speaker line. * There are currently two speakers that IKEA and Sonos (NASDAQ:SONO) are showing off. * This includes a speaker that is embedded into a lamp. * The second speaker is one that can double as a hanging bookshelf. * These two configurations allow customers to have speaker sin their home without drawing much attention to them. * Owners of the devices will also be able to tie them into their smartphone and Sonos sound systems. * There are also plans to eventually add support for the speaker lamp and speaker bookshelf to the IKEA smartphone app. * The two devices will come in both black and white options. * However, customers that purchase the lamp can make other changes. * This includes altering knobs, including a smart light and giving it a different shade. * According to IKEA, it went with the speaker lamp and bookshelf ideas due to success from other similar products. * This includes a table that is sells with wireless charging built in. * Customers that want to purchase the IKEA Sonos speaker lamp will pay $179 for it. * The smaller bookshelf speaker will cost customers $99. * The company notes that customers will get similar performance to a Sonos One out of the speaker lamp. * 7 High-Risk Stocks With Big Potential Rewards You can learn more about the IKEA Sonos speaker line by following these links.InvestorPlace - Stock Market News, Stock Advice & Trading Tips More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post IKEA Sonos Speaker Debuts: 14 Things to Know appeared first on InvestorPlace.