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SoundHound AI Inc (NASDAQ:SOUN) reported financial results for the first quarter after the market close on Thursday. Here’s a rundown of the report.
- SoundHound AI stock is trading near recent lows. Where are SOUN shares going?
SoundHound Q1 Keys
SoundHound reported first-quarter revenue of $44.20 million, beating the consensus estimate of $42.56 million. The conversational AI company reported an adjusted loss of six cents per share for the quarter, missing estimates for a loss of four cents per share, according to Benzinga Pro.
Total revenue was up 52% on a year-over-year basis. The company reported an adjusted …
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