Sonos: Don't Chase The Rip
Sonos (SONO) is up sharply following FQ4 results that beat estimates. The smart speaker company easily beat EBITDA targets as their new smart speakers had a strong quarter. Source: Seeking Alpha The biggest issue with the company is that Sonos still produced a $15 million loss last year and the company only monetizes a hardware solution. The story still isn't that compelling until Sonos figures out how to make money off the voice-assisted speakers, instead of the tech giants. Disclosure: No position. Please review the disclaimer page for more details.