Sonos reports record fourth quarter and fiscal 2020 results

Santa barbara, calif.--(business wire)--sonos, inc. (nasdaq: sono) today reported record fourth quarter and fiscal 2020 results. fourth quarter 2020 financial highlights (unaudited) gaap net income increased to $18.4 million from ($29.6) million last year; non-gaap net income excluding stock-based compensation, restructuring and legal and transaction related fees increased to $40.7 million from ($16.6) million last year gaap diluted earnings per share (eps) increased to $0.15 from ($0.28) last
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