Snap One Holdings Corp

Snap One Holdings Corp. provides products and support to its professional integrator-customers that enable them to deliver technology solutions to their residential and small business end users. Its product offering consists of both proprietary and third-party products in such categories as home automation, networking, audio, video, remote management, and lighting as well as infrastructure products such as racks, mounts, and cables. The company was founded on June 14, 2017 and is headquartered in Charlotte, NC.

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Snap One Holdings Corp surpasses FY 2022 targets amidst market challenges

Snap One Holdings Corp exceeded FY 2022 guidance with strong net sales and adjusted EBITDA. The company faces challenges in the residential market and international markets but is taking actions to address them. Opportunities lie in margin expansion, new initiatives, and strategic growth strategies.

Snap One Holdings Corp reports resilient Q1 performance and optimistic outlook

Snap One Holdings Corp's Q1 2023 performance showcased resilience amid challenges, driven by strong leadership and strategic focus. The company's integrators play a key role in maintaining demand and backlog levels, providing a positive outlook for future growth.

Snap One Holdings Corp reports strong Q2 performance and reaffirms outlook

Snap One's Q2 performance reflects solid net sales and adjusted EBITDA, driven by successful product launches and strategic initiatives.
While facing challenges like channel inventory destocking, Snap One remains focused on margin expansion and reaffirms its full-year outlook.
Opportunities lie in capitalizing on recent successes, expanding margins, and optimizing customer interactions for sustained growth.

Snap One Holdings Corp reports steady Q3 performance and plans new service offerings for growth

Snap One Holdings Corp's Q3 2023 performance reflects resilience and strategic focus on innovation, service excellence, and financial stability.
While facing challenges in market dynamics and workforce adjustments, the company remains optimistic about achieving its 2023 financial targets.
With a strong product portfolio, service enhancements, and planned new offerings, Snap One is well-positioned to capitalize on market opportunities and drive sustainable growth.

Snap One Holdings Corp reports strong 2023 performance and eyes growth opportunities in 2024

Snap One Holdings Corp delivered strong financial performance in 2023, with adjusted EBITDA of $117.2 million and an expanded operating margin of 11%. The company launched new products and received industry awards for innovation.
While facing challenges such as a decrease in net sales, Snap One is focused on improving cost activity and operational efficiency. The company sees opportunities in subscriber growth, revenue projections, and margin expansion through strategic initiatives.
Overall, Snap One is well-positioned for growth in 2024, with guidance indicating expectations of increased net sales and adjusted EBITDA. The company's focus on product adoption, pricing strategy, and cost efficiency sets the stage for future success.

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Snap One Holdings Corp. engages in the business of distributing smart living technology. The firm is also involved in designing, manufacturing, and distributing smart solutions for homes and businesses to make life better, all installed and supported by trusted professional. The company was founded in 2005 and is headquartered in Charlotte, NC.

CHARLOTTE, N.C., April 26, 2022 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (Nasdaq: SNPO) (“Snap One” or the “Company”), a provider of smart living products, services and software to professional integrators, will hold a conference call on Thursday, May 12, 2022 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended April 1, 2022. Financial results will be issued in a press release prior to the call.

Snap One Holdings Corp. to Report Fiscal First Quarter 2022 Financial Results on Thursday, May 12, 2022 at 4:30 p.m. ET

Snap One beat easily on sales yet still failed to earn a profit in 2021.

Why Snap One Stock Got Destroyed Today

Snap One Holdings Corp. (SNPO) CEO John Heyman on Q4 2021 Results - Earnings Call Transcript

Company Exceeds $1 Billion in Annual Net Sales and Delivers Record Profitability

Snap One Reports Fiscal Fourth Quarter and Full Year 2021 Results

CHARLOTTE, N.C., March 08, 2022 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One” or the “Company”), a provider of smart living products, services and software to professional integrators, will hold a conference call on Tuesday, March 22, 2022 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal fourth quarter and full year ended December 31, 2021. Financial results will be issued in a press release prior to the call.

Snap One Holdings Corp. to Report Fiscal Fourth Quarter and Full Year 2021 Financial Results on Tuesday, March 22, 2022 at 4:30 p.m. ET

CHARLOTTE, N.C., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One,” the “Company”), a provider of smart living products, services, and software to professional integrators, is scheduled to participate at the following financial conferences and industry trade shows throughout the spring of 2022:

Snap One Holdings Corp. Sets Spring 2022 Financial Conference and Industry Trade Show Schedule

Acquisition brings together two long-time business partners to provide more product choice, faster fulfillment, and superior support for professional integrators across Canada. Acquisition brings together two long-time business partners to provide more product choice, faster fulfillment, and superior support for professional integrators across Canada.

Snap One Acquires Staub Electronics in Strategic Move to Elevate Partner Experience in Canada

CHARLOTTE, N.C., Nov. 16, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One,” the “Company,” “we” or “our”), a provider of smart living products, services, and software to professional integrators, is scheduled to participate at the following financial conferences throughout the remainder of the 2021 calendar year:

Snap One Holdings Corp. Sets Remaining 2021 Financial Conference Schedule

Snap One Holdings Corp. (SNPO) CEO John Heyman on Q3 2021 Results - Earnings Call Transcript

CHARLOTTE, N.C., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One” or the “Company”), a provider of smart living products, services and software to professional integrators, will hold a conference call on Thursday, November 4, 2021 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal third quarter ended September 24, 2021. Financial results will be issued in a press release prior to the call.

Snap One Holdings Corp. to Report Fiscal Third Quarter 2021 Financial Results on Thursday, November 4, 2021 at 4:30 p.m. ET

CHARLOTTE, N.C., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One” or the “Company”), a provider of smart living products, services, and software to professional integrators, today announced the appointments of Dr. Annmarie Neal, Adalio Sanchez, and Amy Steel Vanden-Eykel to its Board of Directors, effective January, June, and July 2021, respectively. Supporting the Company's expanded responsibilities and needs after its recent public listing in July, these new board members will serve on various committees and provide strategic oversight to the business.

Snap One Holdings Corp. Announces Three Appointments to Board of Directors In Connection with Recent Public Listing

CHARLOTTE, N.C., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One” or the “Company”), a provider of smart living products, services and software to professional integrators, has been invited to present at the 10 th Annual Gateway Conference, which is being held virtually on September 8-9, 2021.

Snap One Holdings Corp. to Present at the 10th Annual Gateway Conference on September 9, 2021

Strong Operating Results Reflect Robust Demand for Smart Living Solutions, Leading to 34% Increase in Net Sales, 67% Decrease in Net Loss, and 20% Increase in Adjusted EBITDA

Snap One Reports Fiscal Second Quarter 2021 Results

CHARLOTTE, N.C., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One”), a provider of smart living products, services and software to professional integrators, today announced that the underwriters of its recent initial public offering of common stock exercised their option to purchase an additional 1,232,500 shares of Snap One's common stock at $18.00 per share less underwriting discounts and commissions. Snap One sold 1,170,812 shares and selling stockholders sold 61,688 shares in connection with the partial exercise of the over-allotment option, which closed on August 18, 2021.

Snap One Holdings Corp. Announces Partial Exercise of Over-Allotment Option

CHARLOTTE, N.C., Aug. 12, 2021 (GLOBE NEWSWIRE) -- Snap One Holdings Corp. (NASDAQ: SNPO) (“Snap One” or the “Company”), a provider of smart living products, services and software to professional integrators, will hold a conference call on Thursday, August 26, 2021 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal second quarter ended June 25, 2021. Financial results will be issued in a press release prior to the call.

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