SoundHound AI Inc

SoundHound AI, Inc. engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities. The conversational intelligence company was founded in 2005 and is headquartered in Santa Clara, CA.

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SoundHound reports robust Q4 earnings, eyes AI innovation for growth

SoundHound's strong financial performance in Q4 2022 and focus on conversational AI innovation position the company for continued growth in 2023.
While challenges exist in achieving profitability and monetizing new AI products, opportunities from new technologies and partnerships drive optimism.

SoundHound AI Inc reports robust Q1 growth and strategic partnerships

SoundHound AI Inc's Q1 performance reflects strong revenue growth, strategic partnerships, and operational improvements despite an operating loss.
The company's innovative technology, focus on customer service, and market opportunities position it for growth and competitive advantage.
While facing challenges in cost management and market competition, SoundHound remains optimistic about the AI sector's potential and its growth prospects.

SoundHound AI reports strong Q2 growth, eyes enterprise expansion

SoundHound AI Inc showcased robust performance in Q2 2023 with significant revenue growth and operational improvements, despite facing profitability challenges.
The company's strategic strengths lie in attracting key investors, introducing innovative AI solutions, and expanding partnerships for market expansion.
To capitalize on opportunities, SoundHound must address profitability concerns, focus on sustainable revenue streams, and leverage partnerships for continued growth.

SoundHound AI Inc reports record Q3 revenue growth and diversification

SoundHound AI Inc (SOUN) delivered strong financial results in Q3 2023, with revenue growth, improved margins, and positive EBITDA outlook for Q4.
The company's strategic focus on Pillar 1 and 2 products, successful partnerships, and efficient SMB servicing position it for continued success and growth.
While facing challenges like customer concentration and external factors, SoundHound has opportunities to diversify, innovate, and expand its market presence.

SoundHound AI Inc reports record Q4 revenue and eyes restaurant AI market for growth

SoundHound AI Inc's Q4 performance reflects robust revenue growth, margin improvement, and strategic advancements in AI product offerings and customer service solutions. The SYNQ3 acquisition enhances the company's position in the restaurant AI sector, offering substantial growth opportunities and synergies. Challenges lie in managing deployment pace and maintaining profitability amidst ambitious margin targets.

SoundHound reports robust Q3 earnings, eyes profitability and sector expansion

SoundHound's Q3 performance reflects strong revenue growth and expansion into new markets, underpinned by strategic partnerships and technological innovation.
While facing financial challenges with an EBITDA loss, the company aims to achieve profitability by 2025 and capitalize on growth prospects in diverse sectors.
By actively considering M&A opportunities and collaborations with industry leaders, SoundHound positions itself for continued growth and competitiveness in the dynamic AI market.

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SoundHound AI, Inc. engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities. The company was founded on September 2, 2005 and is headquartered in Santa Clara, CA.

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SoundHound operates at the intersection of generative AI and natural language processing. The company's products are used by major enterprises, including Qualcomm, Snap, and Toast.

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SoundHound AI's (SOUN) third-quarter 2023 performance will likely reflect its innovative product pipeline's positive impact and the increased adoption of its products globally.

What's in Store for SoundHound AI's (SOUN) Q3 Earnings?

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SoundHound AI's stock dipped 20.9% in October without any direct negative news from the company -- almost exactly like the news-less 20.2% drop in September. The company's stock price movement echoed broader market trends, influenced by external geopolitical and economic events.

Why SoundHound AI Stock Fell 21% In October

Two-thirds of SoundHound's revenue comes from three customers. The company isn't profitable.

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In the closing of the recent trading day, SoundHound AI, Inc. (SOUN) stood at $1.57, denoting a +0.64% change from the preceding trading day.

SoundHound AI, Inc. (SOUN) Advances While Market Declines: Some Information for Investors

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SoundHound has multiple technologies with endless use cases. The company is looking at a massive business backlog.

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SoundHound AI's voice recognition software is being rapidly adopted by a range of companies. UiPath's robotic platform helps clients improve productivity by automating mundane tasks.

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SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, announced that it will report its 2023 third quarter financial results on Thursday, November 9, 2023 after market close. The company will host a conference call and webcast to review the results on the same day. Conference Call and Webcast Information Keyvan Mohajer, Co-Founder and CEO, and Nitesh Sharan, CFO, will host the conference call at 2:00 p.m. PT / 5:00 p.m. ET. A.

SoundHound AI To Report 2023 Third Quarter Financial Results, Host Conference Call and Webcast on November 9

SoundHound AI is growing at a nice clip and is poised to take advantage of a massive addressable market. The company's revenue growth is expected to accelerate next year.

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SoundHound AI (SOUN) introduces Vehicle Intelligence, enabling drivers to access their car manuals effortlessly by asking questions in natural speech.

SoundHound AI (SOUN) Enhances Vehicle Manual Intelligence

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #carmanual--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced a new Vehicle Intelligence domain that lets users of its in-vehicle voice AI platform access the car manual using natural speech. The new domain follows the recent launch of SoundHound Chat AI for Automotive, which is currently being piloted in vehicles. As technology develops, car manufacturers introduce more features every year – making car manuals increa.

SoundHound AI Voice-Enables New Vehicle Intelligence Domain For Instant Hands-Free Access To Car Manual

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SoundHound AI's stock dipped by 20.2% in September 2023, mirroring broader market skepticism around AI. The month ended on a less gloomy note as a bullish analyst firm set a sharply higher price target.

SoundHound AI Stock Lost 20% Last Month -- Here's How

SoundHound AI's bookings growth has decelerated significantly in the past three quarters, raising concerns about its growth potential. SoundHound AI is burning through cash and has taken on high-interest rate debt, making its financial situation precarious. Investors should stay away from the stock.

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SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence (AI), and Samsung Electronics today announced that they will be working together with White Castle, America's first fast-food hamburger chain, to deploy next-generation, voice-enabled outdoor digital signage technologies that will revolutionize the way that brands interact with consumers. The ground-breaking collaboration will provide voice AI-enabled dynamic drive-thru men.

Samsung Partners With SoundHound and White Castle to Revolutionize Voice AI Drive-Thrus With Next-Gen Display Technology

SoundHound's stock has dropped nearly 80% since its SPAC-backed debut. It disappointed investors by overpromising and underdelivering.

Where Will SoundHound AI Stock Be in 10 Years?

Research firm McKinsey & Company believes 70% of businesses will use artificial intelligence (AI) by 2030. The firm says early adopters of AI will benefit the most and could see their free cash flow surge.

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