Some investors have voiced their concerns about the competitive home audio market. On the other hand, the bulls are confident of the company’s loyal customer base and the expanding product portfolio. A unique thing for Sonos
is that its devices are compatible with Alexa voice services and the company is working to make them compatible with Google
Assistant and Apple’s Siri
The next quarter results will be released after market close on September 10, 2018. The company had reported revenue of $992.5 million for the fiscal year ending September 2017. This year the revenue is expected to cross $1 billion.