SoundHound earnings show a growing embrace of voice AI, and the stock is surging - MarketWatch
1. SoundHound exceeded revenue expectations, generating $42.7 million last quarter. 2. The company forecasts $160M to $178M for annual revenue, slightly above expectations. 3. Customer inclination for AI services is increasing, according to CEO Keyvan Mohajer. 4. SoundHound is diversifying its offerings across various business segments. 5. Despite growth, net loss doubled year-over-year to $74.7 million.