Incorporating Amelia Acquisition, SoundHound Raises FY24 Revenue Guidance To Exceed $80M ; Raises FY25 Revenue Guidance To Exceed $150M
Portfolio Pulse from Benzinga Newsdesk
SoundHound has raised its FY24 revenue guidance to exceed $80 million and its FY25 revenue guidance to exceed $150 million, following the incorporation of the Amelia acquisition.
August 08, 2024 | 8:22 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SoundHound has increased its revenue guidance for FY24 to over $80 million and for FY25 to over $150 million, driven by the incorporation of the Amelia acquisition.
The raised revenue guidance indicates strong expected financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100