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SoundHound AI Stock Surges on Strong Q2 Earnings and Raised Guidance
SoundHound AI Stock Surges on Strong Q2 Earnings and Raised Guidance
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BTCCSquare news:
SoundHound AI shares soared 26.4% Friday after the conversational AI specialist demolished Wall Street's Q2 expectations. The company posted $42.7 million in revenue—a 217% year-over-year surge—while narrowing its adjusted loss to $0.03 per share versus the anticipated $0.05 loss.
Management raised full-year revenue guidance to $160-$178 million, signaling near-doubling growth at the midpoint. The explosive performance reflects accelerating enterprise adoption of voice AI solutions across automotive, hospitality, and IoT sectors—a trend that could spill over into blockchain-based AI tokens.
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