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**Company Overview**
**Name:** Sonos, Inc.
**Stock Symbol:** SONO (NASDAQ)
**Industry:** Consumer Electronics
**Headquarters:** Santa Barbara, California, USA
**Speaker Business**
Sonos is a leading manufacturer of premium wireless multi-room audio systems. Its speakers are known for their high-quality sound, ease of use, and sleek design. The company's product line includes:
* Sonos One: A compact smart speaker with voice control
* Sonos Beam: A soundbar with built-in voice control
* Sonos Arc: A premium soundbar with Dolby Atmos support
* Sonos Move: A portable Bluetooth speaker with Wi-Fi connectivity
**Financial Performance**
**Revenue:**
* Fiscal 2022: $1.72 billion
* Fiscal 2021: $1.47 billion
* Fiscal 2020: $1.29 billion
**Net Income:**
* Fiscal 2022: $24.6 million
* Fiscal 2021: $13.5 million
* Fiscal 2020: $12.3 million
**Growth:**
Sonos has experienced strong growth in recent years, driven by increasing demand for wireless audio systems.
* Revenue growth: 17% in fiscal 2022
* Net income growth: 82% in fiscal 2022
**Key Metrics:**
* Gross margin: 46.6%
* Operating margin: 11.5%
* Net margin: 2.9%
**Recent Developments:**
* Sonos launched the Sonos Roam, a new portable Bluetooth speaker, in April 2021.
* The company acquired Mayht, a voice-controlled music assistant, in June 2021.
* Sonos announced a partnership with Amazon to integrate Alexa into its speakers in September 2021.
**Outlook:**
Sonos expects continued growth in the wireless audio market. The company is investing in new products and technologies to maintain its competitive advantage.