SoundHound AI (SOUN) reported late Thursday a Q1 non-GAAP net loss of $0.06 per diluted share, narrowing from a loss of $0.07 a year earlier.
Three analysts polled by FactSet expected a loss of $0.06.
Revenue in the three months ended March 31 rose to $29.1 million from $11.6 million a year earlier. Analysts expected $30.4 million.
The company reaffirmed 2025 revenue guidance of $157 million to $177 million. Analysts project $161.2 million.
Shares of the company fell 4.6% in after-hours trading.
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