Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Is it time to buy SoundHound AI? Explore the social media hype and real business strengths behind the rise.As of this writing, it's been about three stock-trading days since I saw SoundHound AI (SOUN -17.06%) soaring like a meme stock, and warned that the sudden price jump wouldn't last. "This is not the right time to buy SoundHound AI stock," I said.Nearly a full market week later, the stock has gained another 8%. Was I wrong about the speculative nature of this artificial intelligence (AI) expert's stock ...

In Q3 2024, the AI-powered voice solutions provider, in which Nvidia holds a stake, posted strong revenue growth, but its relatively sizable losses continued.Shares of SoundHound AI (SOUN -17.06%) dropped 17.1% on Wednesday, following the artificial intelligence (AI)-powered voice solutions provider's release on the prior afternoon of its third-quarter 2024 report. The company beat Wall Street's consensus estimates for revenue and earnings, and management increased its revenue outlook for both full-year 202 ...

Key TakeawaysShares of SoundHound AI sank as the AI-based voice software maker's margins dropped. The company's revenue set a record, and its loss was less than analysts had anticipated.SoundHound AI boosted its revenue outlook for both 2024 and 2025. SoundHound AI (SOUN) shares plunged 16% Wednesday, a day after the provider of artificial intelligence (AI) voice technology software reported a big drop in gross margin.  The Nvidia (NVDA)-backed company’s third-quarter GAAP gross margin sank 24.3 percentage ...

SoundHound AI (SOUN) incurred a third-quarter 2024 loss of 6 cents per share, down from the year-ago quarter’s loss of 9 cents per share. The figure beat the Zacks Consensus Estimate by 25%.Revenues increased 89% year over year to $25.1 million, beating the Zacks Consensus Estimate by 5.96%. This growth was driven by the expansion of its Generative AI solutions and strong demand across various industries, particularly in automotive and restaurants.In the third quarter of 2024, SOUN completed the acquisition ...

The original view on the Amelia deal was concerning, but SoundHound AI (NASDAQ: SOUN ) rallied into earnings due to the strong reported growth rates. The business doesn't appear as impressive under the surface when looking at applesMark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, da ...

SoundHound AI (SOUN -17.77%) stock is losing ground today following the company's third-quarter earnings report Tuesday evening. The company's share price was down 18.7% as of 12:15 p.m. ET.SoundHound AI published third-quarter results after the market closed yesterday, delivering sales and earnings for the period that actually came in significantly better than anticipated. The company posted a non-GAAP (adjusted) loss of $0.04 per share on sales of $25.09 million in the period, beating the average Wall Str ...

Shares of SoundHound AI (SOUN -18.98%) traded much lower on Wednesday, following a robust third-quarter earnings report. The artificial intelligence (AI) expert beat the Street's expectations across the board, but the stock was still down by 19.1% at noon ET. The earnings surprise wasn't big enough to support an artificial price increase based on social media posts and classic meme-stock price-pumping action.SoundHound AI's earnings beat analyst targetsYour average Wall Street analyst firm had expected Soun ...

SoundHound AI stock investors are concerned about the massive dive in margins. In today's video, I discuss recent updates impacting SoundHound AI (SOUN -18.78%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the market prices of Nov. 13, 2024. The video was published on Nov. 13, 2024. ...

SoundHound AI stock is down 10% after earnings despite a double beat.In this video, I will cover SoundHound AI's (SOUN -16.17%) third-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 12, 2024. The video was published on Nov. 12, 2024. ...