Sonos files to go public as it amps up its speaker game

Sonos files to go public as it amps up its speaker game

6 years ago
Anonymous $cyhBy-qkd5

https://thenextweb.com/insider/2018/07/06/sonos-files-to-go-public-as-it-amps-up-its-speaker-game/

Sonos is preparing for an IPO, filing to go public with the SEC. The company set a placeholder value of $100 million, although that number could change before the IPO.

The filing gives us our best look at Sonos sales so far. The company made nearly $1 billion in revenue in the past fiscal year, although it had a net loss of 14.2 million.