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  "documentTitle": "Sonos | Results Presentation Deck | 29 slides",
  "authorId": "sonos",
  "authorName": "Sonos",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-11-01 00:00:00",
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  "pageNumber": 9,
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  "notes": "The slide highlights a divergence between record revenue growth and declining EBITDA margins due to supply chain and investment factors.",
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      "kind": "chart",
      "text": "Q4 Adjusted EBITDA",
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      "text": "Q4 Revenue",
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      "kind": "disclaimer",
      "text": "Note: $ in millions, unaudited. See appendix for reconciliation of GAAP to non-GAAP measures. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely.",
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      "text": "Revenue +14% ex 14th week LY (+6% reported) due to strong product demand and partially offset by continued constrained product availability. Adjusted EBITDA declined to $17.1M; adjusted EBITDA margin decreased to 4.8% from 13.7% LY driven by impact of constrained product availability on revenue, opex investments in future growth, and increased component and logistics costs. Gross margin -110 bps to 46.4%; ex tariff duties and refunds, gross margin -260 bps to 45.7% primarily due to increased component costs, and shipping and logistics costs related to broader industry-wide supply chain challenges.",
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      "kind": "title",
      "text": "Record Q4 Revenue; Adjusted EBITDA Impacted by Industry-Wide Supply Chain Dynamics and Investment",
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