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SoundHound AI Inc (NASDAQ:SOUN) stock is one of the best tech stocks out there today, up 25.4% to trade at $13.45.
SoundHound AI (SOUN) shares took off, soaring 25% in morning trading, after the maker of artificial intelligence voice software reported record sales and boosted its outlook as it added more customers, especially in China.
SoundHound AI (NASDAQ:SOUN) jumped 32.4% on Friday after the voice artificial intelligence firm reported second-quarter results that beat expectations and raised its full-year revenue guidance, buoyed by strong demand across automotive, restaurant, and retail sectors. The company posted a narrower-than-expected adjusted loss of $0.05 per share, compared to Wall Street estimates of a $0.10 loss.
American attorney and politician Cleo Fields filed a rather suspicious stock trade on Wednesday, August 6.
SOUN posts record Q2 with 217% revenue surge, fueled by AI adoption across enterprise, automotive, and restaurant markets.
SoundHound AI (SOUN) shares took off, soaring 25% in morning trading, after the maker of artificial intelligence voice software reported record sales and boosted its outlook as it added more customers, especially in China.
SoundHound AI, Inc. delivered its strongest quarter ever, with revenue up 217% and non-GAAP losses narrowing sharply, signaling real operating leverage and maturity. Growth is broad-based across restaurants, enterprise AI, and automotive, with Polaris driving margin expansion and recurring revenue streams. Management raised full-year guidance and expects adjusted EBITDA profitability by end of 2025, though some Q2 upside was timing-related and risks remain.
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #conversationalAI--SoundHound AI, Inc. (NASDAQ: SOUN), a global leader in voice AI and conversational intelligence, today announced the launch of Vision AI – an advanced visual understanding engine natively integrated with SoundHound's voice-first platform. Inspired by how the human brain processes spoken language and visual context in harmony, Vision AI unites voice and visual capabilities into one intelligent platform, allowing the technology to listen, see, and interpret t.
SoundHound AI (NASDAQ: SOUN) shares are up 22.20% in premarket trading on Friday, after the company delivered record-breaking second-quarter financial results that far exceeded analyst expectations.
Revenue rose 217% year-over-year to $43 million and above expectations.