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SoundHound AI reports Q2 revenue up 217%, beats estimates, raises 2025 outlook, sending stock soaring.
SoundHound AI reported a strong Q2 with revenue up 217% to $42.7 million, beating Wall Street's estimates.
The company's non-GAAP EPS of $(0.03) was better than expected.
Despite lower gross margins due to recent acquisitions, the company's voice AI solutions continue to grow, driven by royalties and subscriptions.
SoundHound raised its 2025 revenue outlook to $160M-$178M, leading to a stock surge.
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SoundHound AI informa que los ingresos del segundo trimestre aumentaron un 217%, superando las estimaciones, elevando las perspectivas para 2025, lo que hace que las acciones suban.