NasdaqGS:SONOConsumer Durables
Sonos Speaker Launch Tests Ecosystem Growth Story And Valuation Expectations
Sonos, Inc. (NasdaqGS:SONO) has released two new speakers, the Sonos Play and Era 100 SL.
This marks the company’s first major product launch in more than a year.
The products target portable and entry-level smart audio and are built to plug into the broader Sonos platform and ecosystem.
The move follows criticism around stagnant revenue and limited business expansion.
Sonos operates in connected home audio, where competition spans everything from premium sound systems to low cost smart...