Reports Q3 revenue $13.3M, consensus $12.8M. “Our third quarter was another milestone for revenue, and at the same time marked a significant ramping up of our business,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. “SoundHound Chat AI became the first ever voice assistant with generative AI capabilities to go live in European vehicles, and well-known restaurant brands are embracing our voice technology to alleviate pressure and delight consumers. Our combination of software engineering and generative AI is unique in the industry, resulting in increased interest and exciting growth opportunities.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SOUN:
- SoundHound AI options imply 9.8% move in share price post-earnings
- Is Now the Time to Buy Penny Stock SoundHound (NASDAQ:SOUN)?
- SoundHound management to meet virtually with DA Davidson
- Will Penny Stock SoundHound (NASDAQ:SOUN) Go Up from Here?
- Samsung, SoundHound team with White Castle to deploy digital signage technology