In the first quarter, the AI-powered voice solutions provider continued to post strong revenue growth, but its sizable losses also continued.SoundHound AI (SOUN -8.16%) stock declined 7.8% on Friday following the conversational artificial intelligence (AI) technology provider's release of its first-quarter 2025 report on the prior afternoon. The drop is largely attributable to the quarter's revenue falling short of Wall Street's expectations. The bottom-line result was in line with the analyst consensus est ...

SoundHound AI, Inc. (SOUN) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.69, delivering a surprise of -527.27%.Over the last four quarters, the company has su ...

SoundHound AI (SOUN) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Scott Smith - Head of Investor RelationsKeyvan Mohajer - Co-Founder & CEONitesh Sharan - Chief Financial OfficerGil Luria - Head of Technology Research Conference Call Participants Leo Carpio - Equity Research AnalystVijay Dewar - AnalystScott Buck - Managing Director & Senior Technology Analyst Operator and thank you for standing by. Welcome to the Soundhound First Quarter twenty twenty five Earnings Conference Call. A ...

SoundHound AI (SOUN) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 and thank you for standing by. Welcome to the Soundhound First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Scott Smith, Head of Investor Relations. Please go ah ...

SOUNDHOUND AI, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share and per share data) | | | March 31, | | December 31, | | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | | | (Unaudited) | | | | ASSETS Current assets: | | | | | | Cash and cash equivalents | $ | 245,809 | $ | 198,240 | | Accounts receivable, net of allowances of $1,538 and $726 as of March 31, 2025 and December 31, 2024, respectively | | 20,177 | | 23,159 | | Contract assets and unbilled receivable, net | | 21,419 | ...

NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in SoundHound AI, Inc. ("SoundHound AI, Inc." or the "Company") (NASDAQ: SOUN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of SoundHound AI, Inc. investors who were adversely affected by alleged securities fraud between May 10, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/soundh ...

RADNOR, Pa., May 08, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against SoundHound AI, Inc. (“SoundHound”) (NASDAQ: SOUN) on behalf of those who purchased or otherwise acquired SoundHound securities between May 10, 2024, and March 3, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is May 27, 2025. ...

NEW YORK, May 8, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of SoundHound AI, Inc. (NASDAQ: SOUN).Shareholders who purchased shares of SOUN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/soundhound-ai-inc-loss-submission-form/?id=147310&from=4CLASS PERIOD: May 10, 2024 to M ...

SAN DIEGO, May 05, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of SoundHound AI, Inc. (NASDAQ: SOUN) securities between May 10, 2024 and March 3, 2025, both dates inclusive (the “Class Period”), have until Tuesday, May 27, 2025 to seek appointment as lead plaintiff of the SoundHound class action lawsuit. Captioned Liles v. SoundHound AI, Inc., No. 25-cv-02915 (N.D. Cal.), the SoundHound class action lawsuit charges SoundHound as well as certain of SoundHo ...

SoundHound AI (SOUN) is scheduled to report its first-quarter 2025 results on May 8, after the closing bell.In the last reported quarter, SoundHound reported a loss of 69 cents per share, significantly wider than the 6-cent loss recorded in the same period a year earlier and notably below the Zacks Consensus Estimate by a wide margin of 527.3%. However, revenues jumped 101.5% year over year to $34.5 million, surpassing the consensus estimate by 3.1%. This revenue surge was supported by key customer addition ...