SoundHound AI and Perplexity Partner to Bring Online LLMs to Next Gen Voice Assistants Across Cars and IoT Devices

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Go back to SoundHound AI and Perplexity Partner to Bring Online LLMs to Next Gen Voice Assistants Across Cars and IoT Devices

SoundHound AI (SOUN) stock jumps on strong subscription demand in Q1

May 10, 2024 10:35 AM EDT

SoundHound AI (NASDAQ: SOUN) shares jumped Friday on the back of its latest quarterly results, which saw it top earnings estimates.

The company's loss per share for the first quarter was ($0.07), $0.02 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $11.6 million versus the consensus estimate of $11.86 million.

Revenue grew 73% year-on-year (YoY),... More