Gelonghui, May 10 | Artificial intelligence company SoundHound (SOUN.US) rose 14.74% before the market opened at $5.45.
The company\’s first-quarter revenue was $11.6 million, up 73% year-over-year. It beat expectations of $10.104 million.
Adjusted loss per share was 7 cents, better than analysts\’ expectations of a loss of 9 cents per share.
Full-year 2024 revenue is expected to be between $65 million and $77 million. Analysts expected $69.49 million.
Artificial intelligence company SoundHound rose nearly 15% before the market opened, and its first-quarter revenue exceeded expectations.
Gelonghui, May 10 | Artificial intelligence company SoundHound (SOUN.US) rose 14.74% before the market opened, at $5.45
Like (0)
Novavax Pharmaceuticals surged over 34% before the market opened and reached a multi-billion dollar cooperation with Sanofi
Previous
May 10, 2024 5:57 pm
Musk hopes to stop SEC investigation, US judge accuses him of playing tricks
Next
May 10, 2024 5:57 pm