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SOUN
Benzinga
32 days

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.

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FAQ

Why Bullish?

SOUN's strong earnings beat expectations, indicating positive market performance. Historical examples show similar earnings outperformance usually results in stock appreciation.

How important is it?

The article details SOUN's significant quarterly performance and outlook, directly influencing investor sentiment.

Why Short Term?

Immediate effects from strong earnings will likely drive short-term stock interest. Past quarters with strong earnings have led to instant positive reactions.

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