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  "authorName": "Sonos",
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  "presentationDate": "2023-05-01 00:00:00",
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  "notes": "Includes disclaimer regarding non-GAAP measures.",
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      "text": "Note: Unaudited. Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures. *See appendix for reconciliation of GAAP to non-GAAP measures.",
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      "text": "Q2 revenue of $304.2M, -24% y/y (-22% constant currency) slightly ahead of guidance for -25% to -30% y/y\nIn Q2 gained $ and unit market share in US and EMEA (UK, DE and Nordics) home theater category\nUshered in the next generation of industry leading smart speakers with the launch of Era 100 and Era 300\nAnnounced entry into new category with Sonos Pro, a software-as-a-service offering for business customers\nQ2 gross margin of 43.3%, -150bps y/y\nQ2 Adjusted EBITDA of $(10.6)M, margin of (3.5)%",
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