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Sonos has announced upcoming price increases for select products, attributed to tariffs impacting manufacturing regions like Vietnam and Malaysia.
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The company reported $344.8 million in revenue for the quarter, alongside a net loss of $3.4 million.
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Newly appointed CEO Tom Conrad has outlined strategies to address tariff costs with manufacturers and partners.
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Previous price hikes in 2021 affected products like Sonos Arc and Sonos Roam, increasing their prices by £100 and £20 respectively.
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Sonos continues to expand its product line, including the praised Sonos Ace headphones and Sonos Arc Ultra soundbar.