SoundHound AI CEO talks Q2 results, Amelia acquisition

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Soundhound News

Revenue Expectations,CEO Keyvan Mohajer,Conversational AI

SoundHound AI (SOUN) posted second quarter earnings after the market close on Thursday, revealing it beat revenue expectations with $13.5 million versus an...

) posted second quarter earnings after the market close on Thursday, revealing it beat revenue expectations with $13.5 million versus an expected $13.1 million, an increase of 54% year-over-year.

He follows up with:"We are now able to go into verticals that we wanted to go to, and that path is now accelerated. Now we were in restaurants, we were supporting smaller businesses, but now we are in healthcare. We are in financial services, insurance, hospitality and retail."Soundhound A I posting a revenue beat for the second quarter reporting an increase of 54% year over year.

Asking for a Trend host Josh Lipton breaks down some of the names moving the most in after-hours trading. Shares of Sweetgreen are soaring after it topped second quarter revenue estimates and raised its full-year outlook for same-store sales. Similarly, shares of Take-Two Interactive Software are rising after the video game publisher beat first quarter estimates. However, the company did not provide an update on the highly anticipated Grand Theft Auto 6. On the other hand, shares of e.l.f.

 

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