SoundHound AI Stock Rallies On Record-Breaking Q2 Earnings Report

Benzinga

Aug 08

SoundHound AI, Inc. (NASDAQ:SOUN) released its second-quarter results after Thursday's closing bell. Here's a look at the details from the report.

Check out SOUN stock price and chart in real-time here.

The Details: SoundHound AI reported quarterly adjusted losses of three cents per share which beat the Street estimate for losses of nine cents.

Quarterly revenue came in $42.68 million which beat the consensus estimate of $32.88 million.

Read Next: Palantir’s Alex Karp Tells Haters To ‘Read ‘Em And Weep’

SoundHound AI reported the following second quarter highlights:

Reported revenue was $42.7 million, an increase of 217% year-over-year.
Non-GAAP gross margin was 58.4%.
Non-GAAP net loss was $11.9 million.
Adjusted EBITDA was a loss of $14.3 million.

“In SoundHound’s strongest ever quarter, many of our previous strategic moves delivered high-impact results with growth across every business unit. We realized significant new wins as well as cross-sell deals, demonstrating the incredible opportunity we predicted with our 2024 acquisitions,” said Keyvan Mohajer, CEO of SoundHound AI.

Outlook: SoundHound AI raised its fiscal 2025 revenue outlook to a range of $160 million to $178 million, versus the $159.54 million estimate.

SOUN Stock Price: According to data from Benzinga Pro, SoundHound AI stock was up 13.53% at $12.17 in Thursday's extended trading.

Read More:

Hims & Hers Stock Could Rocket To Meme Stock Fame — If Short Sellers Feel The Squeeze

Photo: Shutterstock

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Here's a look at the details from the report. </p>\n<ul>\n<li><em>Check out SOUN stock price and chart in real-time here. </em></li>\n</ul>\n<p><strong>The Details:</strong> <a href=\"https://laohu8.com/S/SOUN\">SoundHound AI</a> reported quarterly adjusted losses of three cents per share which beat the Street estimate for losses of nine cents. </p>\n<p>Quarterly revenue came in $42.68 million which beat the consensus estimate of $32.88 million. </p>\n<p><strong>Read Next:  </strong><strong><a href=\"https://laohu8.com/S/PLTR\">Palantir</a>’s Alex Karp Tells Haters To ‘Read ‘Em And Weep’</strong><strong> </strong></p>\n<p>SoundHound AI reported the following second quarter highlights:</p>\n<ul>\n<li>Reported revenue was $42.7 million, an increase of 217% year-over-year. </li>\n<li>Non-GAAP gross margin was 58.4%. </li>\n<li>Non-GAAP net loss was $11.9 million. </li>\n<li>Adjusted EBITDA was a loss of $14.3 million. </li>\n</ul>\n<p>“In SoundHound’s strongest ever quarter, many of our previous strategic moves delivered high-impact results with growth across every business unit. We realized significant new wins as well as cross-sell deals, demonstrating the incredible opportunity we predicted with our 2024 acquisitions,” said <strong>Keyvan Mohajer</strong>, CEO of SoundHound AI. </p>\n<p><strong>Outlook: </strong>SoundHound AI raised its fiscal 2025 revenue outlook to a range of $160 million to $178 million, versus the $159.54 million estimate. </p>\n<figure><div>\n</div></figure>\n<p><strong>SOUN Stock Price:</strong> According to data from Benzinga Pro, SoundHound AI stock was up 13.53% at $12.17 in Thursday's extended trading. </p>\n<p><strong>Read More: </strong></p>\n<ul>\n<li><strong>Hims &amp; Hers Stock Could Rocket To Meme Stock Fame — If Short Sellers Feel The Squeeze</strong></li>\n</ul>\n<p><em>Photo: Shutterstock</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoundHound AI Stock Rallies On Record-Breaking Q2 Earnings Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoundHound AI Stock Rallies On Record-Breaking Q2 Earnings Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-08-08 05:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong><a href=\"https://laohu8.com/S/SOUNW\">SoundHound AI, Inc.</a> </strong>(NASDAQ:SOUN) released its second-quarter results after Thursday's closing bell. Here's a look at the details from the report. </p>\n<ul>\n<li><em>Check out SOUN stock price and chart in real-time here. </em></li>\n</ul>\n<p><strong>The Details:</strong> <a href=\"https://laohu8.com/S/SOUN\">SoundHound AI</a> reported quarterly adjusted losses of three cents per share which beat the Street estimate for losses of nine cents. </p>\n<p>Quarterly revenue came in $42.68 million which beat the consensus estimate of $32.88 million. </p>\n<p><strong>Read Next:  </strong><strong><a href=\"https://laohu8.com/S/PLTR\">Palantir</a>’s Alex Karp Tells Haters To ‘Read ‘Em And Weep’</strong><strong> </strong></p>\n<p>SoundHound AI reported the following second quarter highlights:</p>\n<ul>\n<li>Reported revenue was $42.7 million, an increase of 217% year-over-year. </li>\n<li>Non-GAAP gross margin was 58.4%. </li>\n<li>Non-GAAP net loss was $11.9 million. </li>\n<li>Adjusted EBITDA was a loss of $14.3 million. </li>\n</ul>\n<p>“In SoundHound’s strongest ever quarter, many of our previous strategic moves delivered high-impact results with growth across every business unit. We realized significant new wins as well as cross-sell deals, demonstrating the incredible opportunity we predicted with our 2024 acquisitions,” said <strong>Keyvan Mohajer</strong>, CEO of SoundHound AI. </p>\n<p><strong>Outlook: </strong>SoundHound AI raised its fiscal 2025 revenue outlook to a range of $160 million to $178 million, versus the $159.54 million estimate. </p>\n<figure><div>\n</div></figure>\n<p><strong>SOUN Stock Price:</strong> According to data from Benzinga Pro, SoundHound AI stock was up 13.53% at $12.17 in Thursday's extended trading. </p>\n<p><strong>Read More: </strong></p>\n<ul>\n<li><strong>Hims &amp; Hers Stock Could Rocket To Meme Stock Fame — If Short Sellers Feel The Squeeze</strong></li>\n</ul>\n<p><em>Photo: Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOUN","symbol_name":"SoundHound AI Inc","start_time":0,"source_url":"https://www.benzinga.com/markets/earnings/25/08/46983451/soundhound-ai-stock-rallies-on-record-breaking-q2-earnings-report","article_id":"2557591249","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557591249","pubTimestamp":1754600800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Here&#39;s a look at the Q2 report from SoundHound AI.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SOUN":"SoundHound AI Inc"},"translate_title":"SoundHound AI股价因创纪录的第二季度收益报告而上涨","themeId":"b15f5f4a5d00d9aca329ff30bf39e800","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOUN":1},"content_text":"SoundHound AI, Inc. (NASDAQ:SOUN) released its second-quarter results after Thursday's closing bell. Here's a look at the details from the report. \n\nCheck out SOUN stock price and chart in real-time here. \n\nThe Details: SoundHound AI reported quarterly adjusted losses of three cents per share which beat the Street estimate for losses of nine cents. \nQuarterly revenue came in $42.68 million which beat the consensus estimate of $32.88 million. \nRead Next:  Palantir’s Alex Karp Tells Haters To ‘Read ‘Em And Weep’ \nSoundHound AI reported the following second quarter highlights:\n\nReported revenue was $42.7 million, an increase of 217% year-over-year. \nNon-GAAP gross margin was 58.4%. \nNon-GAAP net loss was $11.9 million. \nAdjusted EBITDA was a loss of $14.3 million. \n\n“In SoundHound’s strongest ever quarter, many of our previous strategic moves delivered high-impact results with growth across every business unit. We realized significant new wins as well as cross-sell deals, demonstrating the incredible opportunity we predicted with our 2024 acquisitions,” said Keyvan Mohajer, CEO of SoundHound AI. \nOutlook: SoundHound AI raised its fiscal 2025 revenue outlook to a range of $160 million to $178 million, versus the $159.54 million estimate. \n\n\nSOUN Stock Price: According to data from Benzinga Pro, SoundHound AI stock was up 13.53% at $12.17 in Thursday's extended trading. \nRead More: \n\nHims & Hers Stock Could Rocket To Meme Stock Fame — If Short Sellers Feel The Squeeze\n\nPhoto: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}