Sonos Investor Presentation Deck
Where We Are & Where We Are Going
FY24 Guidance Midpoint
$1,650M
Revenue
45.5%
GAAP Gross Margin
$165M
Adjusted EBITDA
Long Term Financial Targets
$2,500M
Revenue
45-47%
GAAP Gross Margin
$375-450M
Adjusted EBITDA
Note: FY24 Adjusted EBITDA target of $165 million represents 10.0% Adjusted EBITDA margin. Long term targets of $375-450 million represent previously issued Adjusted EBITDA margin targets of 15-18%
Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures. We do not provide a reconciliation of forward-looking non-GAAP measures to their comparable GAAP financial measures. See "Non-GAAP Measures" for more information.
FY24 and long term outlook only as of the date of this presentation. See "Forward-Looking Statements" for more information.
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