SOUN Q4 Earnings Miss Estimates, Stock Rises on Upbeat Outlook
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SoundHound reported its Q4 2024 earnings, missing estimates but showing record year-over-year revenue growth and advancements in AI. Despite concerns over rising expenses, the stock rose due to an optimistic outlook.
February 28, 2025 | 7:15 pm
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SoundHound's Q4 2024 earnings missed estimates, but the company reported record revenue growth and AI advancements. Despite concerns over rising expenses, the stock rose due to a positive outlook.
The stock price rose despite the earnings miss due to record revenue growth and a positive outlook, which investors likely see as a sign of future potential. However, rising expenses could be a concern if they continue to grow.
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