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SoundHound AI Reports Record Fourth Quarter Revenue, Up 101%, Exceeding $34.5 Million; Raises Full Year Outlook

1. SoundHound AI reported strong financial results for Q4 2024. 2. The company expanded its leadership in voice AI through major partnerships.

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$9.2102/27 04:22 PM EDTEvent Start
$10.8202/28 10:55 PM EDTLatest Updated
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FAQ

Why Bullish?

Strong financial performance can drive stock price upward. Historical trends show firms with similar breakthroughs often see price increases.

How important is it?

The financial results indicate strong business growth potential, impacting investor confidence and stock value.

Why Long Term?

The expansion of partnerships and innovations will likely benefit SoundHound over time, similar to past AI leaders.

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SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AgenticAI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the fourth quarter and full year 2024. “We had a breakthrough year, expanding our leadership position in voice and conversational AI through major customer wins, expanded partnerships, groundbreaking generative AI innovation, and strategic acquisitions,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. “As we move into the.

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