SoundHound AI Is Plummeting Today -- Is It Time to Buy the Stock?
SoundHound AI(SOUN) The Motley Fool·2024-11-13 17:45
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 ...