- Sound experience company Sonos Inc (NASDAQ:SONO) has launched Sonos Pro, a new flexible software as a service (SaaS) offering that makes it easy for businesses to deliver sound across each of their locations.
- The subscription-based offering includes a dashboard to remotely manage a system across multiple locations, commercially-licensed music and personalized support.
- Sonos Pro is available in the U.S. starting today, with additional markets to follow. Sonos Pro is available for $35 / month per location.
- “As consumers return to brick-and-mortar, retail stores and restaurants are leveraging music, visuals and scents to create a sensory in-store experience that builds an emotional connection with customers,” said CEO Patrick Spence.
- Price Action: SONO shares are trading lower by 0.15% at $20.30 on the last check Tuesday.
Citigroup Navigates Tough Quarter with Revenue Dip, Plans Major Job Cuts
Citigroup Inc. (NYSE: C) faced a challenging fourth quarter in FY23, with its revenue declining by 3% year-over-year to $17.44 billion, falling short of the expected $18.74 billion. However, the company surpassed EPS estimates with $0.84, beating the consensus of $0.81.
