Sonos Reports 6% Revenue Increase Amid Challenges

Sonos' Financial Performance and Strategic Adjustments

Sonos Inc. recently reported a 6% year-over-year increase in Q3 revenue, reaching $397 million. This growth was bolstered by the successful launch of the company's first over-the-ear headphones, named Ace. Despite this positive development, Sonos faced significant setbacks due to issues with its new app, which negatively impacted customer satisfaction and sales.