4.6 • 854 Ratings
🗓️ 2 October 2018
⏱️ 28 minutes
🧾️ Download transcript
After making its market debut in August, Sonos stock saw gains of as much as 40% before a mixed earnings report and news from Amazon sent shares tumbling. We break down the quarterly results before considering how new, competing devices might change the long-term outlook and earnings potential for Sonos.
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0:00.0 | Thanks to NetSuite by Oracle, the business management software that handles every aspect of your business in an easy to use cloud platform. |
0:06.5 | Get the free guide, crushing the five barriers to growth at netsuite.com slash fool. |
0:11.0 | Welcome to the Industry focus to podcast it dives into a different sector of the stock market every day. |
0:17.0 | I'm your host Vincent Shen. |
0:19.0 | It's Tuesday, October 2nd, and I'm joined by Senior Motley Fool Contributor |
0:22.0 | Asset Sharma, who's connecting with the full HQ studio by Skype. |
0:25.6 | Hey, I said, great to have you back. |
0:27.4 | Hey Vince, hello listeners, great to be back, as always. |
0:30.8 | Are you excited for your trip? |
0:33.0 | I am, I am so psyched, so really briefly folks, I'm headed to Germany this weekend on Saturday. |
0:41.0 | I will miss a really important and fun event which is our annual |
0:44.9 | full conference where all the riders descend upon Alexandria and we meet up with our |
0:50.5 | friends and trade notes but I am excited. |
0:53.3 | I'm taking my oldest son and settling him into engineering school in university there in Germany |
1:00.0 | sort of near Frankfurt and I'm looking forward to once we find him a place which will be the hardest thing we've got all our leads to kicking back for a few days with him before I come back and still have this one little glimmer of hope that I will head to Barcelona maybe on my way out after hearing about Spain from Vince last week. |
1:19.2 | Yeah, how long is your son going to be studying in Germany? |
1:22.0 | So this is interesting. He took a gap your last year. How long is your son going to be studying in Germany? |
1:22.8 | So this is interesting. |
1:23.8 | He took a gap year last year |
1:25.8 | and deferred his admission into a local engineering school |
1:28.6 | here in North Carolina NC State University. |
1:31.9 | And interestingly enough enough engineering school in |
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