Sonos CEO says headphone launch was ‘overshadowed’ by app controversy

A photo of the Sonos Ace wireless headphones. Photo by Chris Welch / The Verge

Sonos CEO Patrick Spence said the new Ace headphones helped spur “year over year revenue growth” that slightly exceeded the company’s expectations as part of its third quarter earnings on Wednesday afternoon. But Spence quickly moved on to address the company’s ongoing app woes, which will have a negative impact on Sonos’ fiscal guidance for the remainder of 2024.

“This was overshadowed by the problems that our customers and partners experienced as a result of the roll...

Read Entire Article

© 2024 Thiratti. All rights reserved.