SoundHound AI Q2 EPS $(0.10) Beats $(0.11) Estimate, Sales $8.75M Beat $8.06M Estimate
Portfolio Pulse from sunil@benzinga.com
SoundHound AI (NASDAQ:SOUN) reported Q2 EPS of $(0.10), beating the analyst consensus estimate of $(0.11) by 9.09%. This is a 47.37% increase over losses from the same period last year. The company also reported quarterly sales of $8.75M, beating the analyst consensus estimate of $8.06M by 8.57%. This is a 42.25% increase over sales from the same period last year.
August 08, 2023 | 9:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SoundHound AI reported better than expected Q2 earnings and sales, which could positively impact its stock price.
SoundHound AI reported better than expected Q2 earnings and sales. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100