Why Sonos (SONO) Is Up 6.8% After Margin-Driven Q1 Earnings Beat And New Amp Multi Launch
Sonos (SONO) saw its stock rise 6.8% after reporting strong fiscal Q1 2026 earnings, which included nearly doubled net income to US$93.8 million despite flat sales of US$545.66 million, driven by improved margins. The company also announced a new Amp Multi product and a shelf registration for employee stock offerings. This performance reinforces Sonos's strategy of focusing on a system-centric audio platform with disciplined cost control and product innovation.
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