SoundHound AI Stock Rallies On Record-Breaking Q2 Earnings Report
1. SOUN reported adjusted losses of three cents per share, beating estimates. 2. Quarterly revenue was $42.68 million, surpassing estimated $32.88 million. 3. Revenue growth of 217% year-over-year demonstrates strong market demand. 4. Fiscal 2025 revenue outlook raised to $160-178 million, above estimates. 5. SOUN stock rose 13.53% to $12.17 in extended trading.