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SoundHound AI Heads Into Earnings After Revenue Beat

SoundHound AI logoSoundHound AI
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SoundHound AI reported revenues of $44.2 million last quarter, beating analysts with 51.7% year-over-year growth. Analysts generally reconfirmed estimates ahead of earnings, while automation-software peers like Microsoft and ServiceNow also topped expectations. Investor sentiment in the segment was positive, though SoundHound shares fell 11.4%, with an average price target of $13.14 versus $6.17.

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