Overview

• Sonos reported $344.8 million in third-quarter revenue, surpassing analyst expectations of $325 million and lifting its stock by over 5 percent.
• New US tariffs of 19 and 20 percent on imports from Malaysia and Vietnam prompted Sonos to announce unspecified price increases for some products in 2025.
• The company anticipates $5 million in fourth-quarter tariff expenses, more than double the $2.1 million recorded in the third quarter, and is partnering with manufacturers and distributors to share the extra costs.
• Sonos has canceled its Pinewood TV streaming box and narrowed its product roadmap to concentrate on its flagship Wi-Fi speaker offering.
• A forthcoming update will link Sonos Voice Control with Philips Hue to allow users to manage lighting through voice commands.