SoundHound AI Reports Q3 Loss but Exceeds Revenue Expectations

Reported 11 days ago

SoundHound AI, Inc. announced a Q3 loss of $0.06 per share, better than the expected loss of $0.08, and reported revenues of $25.09 million, surpassing estimates by 5.96%. While the company has outperformed market expectations in revenue over the last year, its future performance hinges on management's insights and the earnings forecast, currently positioned as a Zacks Rank #3 (Hold). Despite a strong stock performance this year, investors are advised to monitor earnings estimate revisions for further insights.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis