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Recap: SoundHound AI Q4 Earnings

Benzinga ·  Feb 29 16:25

SoundHound AI (NASDAQ:SOUN) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

SoundHound AI missed estimated earnings by -17.0%, reporting an EPS of $-0.07 versus an estimate of $-0.06.

Revenue was up $7.65 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 3.0% increase in the share price the next day.

Here's a look at SoundHound AI's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-0.09-0.11-0.12-0.17
EPS Actual-0.09-0.10-0.13-0.15
Revenue Estimate12.78M8.06M6.72M8.84M
Revenue Actual13.27M8.75M6.71M9.50M

To track all earnings releases for SoundHound AI visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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