SoundHound AI stock surges 9.7% on earnings beat, strong guidance

Published 27/02/2025, 22:32
SoundHound AI stock surges 9.7% on earnings beat, strong guidance

SANTA CLARA, Calif. - SoundHound AI , Inc. (NASDAQ:SOUN), a leader in voice artificial intelligence, saw its shares jump 9.7% after reporting fourth quarter earnings that beat analyst expectations and providing strong guidance for 2025.

The company reported Q4 adjusted earnings per share of -$0.05, surpassing the analyst estimate of -$0.09. Revenue for the quarter came in at $34.5 million, above the consensus estimate of $33.74 million and representing a 101% increase YoY.

For the full year 2025, SoundHound AI raised its revenue outlook to a range of $157 million to $177 million, with the midpoint slightly above the analyst consensus of $165.3 million.

"We had a breakthrough year, expanding our leadership position in voice and conversational AI through major customer wins, expanded partnerships, groundbreaking generative AI innovation, and strategic acquisitions," said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI.

The company reported full year 2024 revenue of $84.7 million, an 85% increase YoY. SoundHound AI ended the year with nearly $200 million in cash and no debt.

SoundHound AI highlighted its expanding customer base across various industries, including restaurants, healthcare, automotive, and financial services. The company is also positioning itself at the forefront of the emerging Agentic AI trend.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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