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.
Recently, Zacks.com users have been paying close attention to SoundHound AI (SOUN). This makes it worthwhile to examine what the stock has in store.
SOUN doubles down on its Polaris AI model, boasting faster, more accurate voice tech across 30 languages to outpace rivals.
SoundHound AI, Inc. (SOUN) concluded the recent trading session at $11.24, signifying a -4.01% move from its prior day's close.
SOUN is scaling fast in restaurant voice AI, with 13,000 live sites and major chains adopting its Polaris-powered tech.
SoundHound AI, Inc. (SOUN) closed at $11.7 in the latest trading session, marking a -8.67% move from the prior day.
Recently, Zacks.com users have been paying close attention to SoundHound AI (SOUN). This makes it worthwhile to examine what the stock has in store.