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.
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.
SoundHound AI, Inc. (NASDAQ:SOUN ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Keyvan Mohajer - Co-Founder, CEO, President & Director Nitesh Sharan - Chief Financial Officer Scott Smith - Head of Investor Relations Conference Call Participants Gil Barnum Luria - D.A. Davidson & Co., Research Division Leo Federico Carpio - Joseph Gunnar & Co., LLC, Research Division Scott Christian Buck - H.C.
SoundHound AI, Inc. (SOUN) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to a loss of $0.11 per share a year ago.
The company beat revenue expectations by a wide margin, with a CEO saying that businesses large and small are turning to AI for voice-based customer service offerings.
SOUN eyes 145% revenue growth in Q2, but rising competition and high valuation may keep investors cautious.