SoundHound AI Inc. SOUN inventory jumped 20.15% in premarket buying and selling on Friday to $12.88 after reporting report quarterly outcomes that crushed Wall Avenue estimates.
The voice AI firm posted second-quarter income of $42.7 million, beating analyst expectations of $32.88 million and marking 217% year-over-year development. Adjusted losses narrowed to $0.03 per share versus the $0.09 consensus estimate.
CEO Keyvan Mohajer known as it “our all-time strongest quarter,” with development throughout automotive, enterprise AI, and restaurant automation segments. The platform now processes over 1 billion month-to-month queries.
See Additionally: Commerce Desk Sinks 29% After Hours Regardless of Income Beat as CEO Warns Tariffs Are Hammering Large-Model Advertisers
SoundHound raised 2025 income steering to $160-$178 million, above the $159.54 million estimate, and expects adjusted EBITDA profitability by year-end.
Key drivers included new automotive wins in China, restaurant partnerships with Pink Lobster and IHOP, and robust adoption of its Polaris AI mannequin. Restaurant places utilizing voice AI ordering exceeded 14,000, including 1,000 in Q2.
In response to the earnings name transcript, acquired companies confirmed 100%+ gross sales attainment and 120%+ internet income retention.
Learn Subsequent:
Disclaimer: This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.
Photograph courtesy: Shutterstock
Market Information and Knowledge dropped at you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
