Sonos Results Presentation Deck
Q4 Highlights
CK MOUN
Large-Scale Projects
CLAES OLDENBURG COOSJE VAN BRUGGEN
KERRY JAMES MARSHALL Mastry 2
ry heatwyler
INSIDE CHEFS
Q4 revenue of $316.3M, -12% y/y (-7% constant
currency) driven by softer consumer demand, product
supply constraints, unfavorable FX and deferred launch of
Sub Mini.
Q4 gross margin of 39.2%, -720bps y/y driven primarily
by timing of expenses related to higher component costs
and lower revenue
Q4 adjusted EBITDA of -$25.6M, due to higher
investments in the business, lower revenue and unusually
low gross margin, partially offset by lower bonus pay.
Q4 adjusted EBITDA margin of -8.1%
Note: Unaudited. Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures.
*See appendix for reconciliation of GAAP to non-GAAP measures.View entire presentation