Stock Track | SoundHound AI Stock Soars 5.73% on Stellar Q4 Results and Raised 2025 Guidance

Stock Track

03-03

SoundHound AI Inc (SOUN) saw its stock surge 5.73% in the 24-hour period ending Sunday, March 2nd, during the overnight and pre-market trading sessions. This rally comes on the heels of the company's impressive fourth quarter 2024 earnings report released after market close on Friday.

The artificial intelligence company delivered a strong beat on both earnings and revenue for Q4. SoundHound reported a loss per share of just 5 cents, compared to analysts' expectations of an 8 cent loss. Revenue soared 101% year-over-year to $34.5 million, exceeding estimates by $840,000.

Buoying investor optimism further, SoundHound raised its 2025 revenue guidance range to $157 million - $177 million, up from the previous $155 million - $175 million range. CEO Keyvan Mohajer cited major customer wins, expanded partnerships, groundbreaking generative AI innovation, and strategic acquisitions as key drivers powering the company's growth momentum.

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CEO Keyvan Mohajer cited major customer wins, expanded partnerships, groundbreaking generative AI innovation, and strategic acquisitions as key drivers powering the company's growth momentum.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOUN","symbol_name":"SoundHound AI Inc","start_time":0,"source_url":"","article_id":"1155935582","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1155935582","pubTimestamp":1740972016,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SoundHound AI Inc  saw its stock surge 5.73% in the 24-hour period ending Sunday, March 2nd, during the overnight and pre-market trading sessions. 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