As part of its quarterly earnings announcement, Sonos revealed that it has gotten a preliminary injunction against Google for patent infringement in Germany. As you may recall, Sonos sued the search giant for ripping off its wireless smart speaker platform with its Google- and Nest-branded speakers.
“We’re grateful the court has acknowledged Google’s blatant infringement of Sonos’ IP,” Sonos Chief Legal Officer Eddie Lazarus said in a statement. “This decision marks a promising milestone in our ongoing effort to defend our innovations and stand up to the unfair practices of Big Tech.”
The injunction prohibits Google from selling any products based on its cast technology in Germany. But it’s not been made available to the public yet, so the details aren’t clear. Google is expected to appeal the ruling, of course.
Aside from the ruling, Sonos also had an incredible quarter: The firm reports that it earned a net profit of $17.2 million on revenues of $332.9 million, the latter of which is a year-over-year increase of 90 percent. In the year-ago quarter, Sonos posted a loss of $52.3 million.
“We are thrilled to report another record quarter at Sonos, as demand for our products continues to exceed even our heightened expectations,” Sonos CEO Patrick Spence said. “The power of our model is that customers can start with one product and expand to more over time, and our customers continue to prove they do just that. Based on our outstanding second quarter performance, the continued strong demand for our products, and the power and profitability of our unique business model, we are raising our outlook for fiscal 2021 again.”