SoundHound AI stock surges in after-hours trading on strong Q4 report, revenue outlook raised.
From StockTwits: 2025-02-27 20:40:14
SoundHound AI, Inc. (SOUN) shares surged in after-hours trading following a strong fiscal year 2024 fourth-quarter report. The company’s revenue doubled to $34.5 million, beating estimates. CEO Kayvan Mohajer highlighted major customer wins and partnerships in voice and conversational AI. SoundHound AI works with over 30% of the top 20 quick-service restaurant brands and other industries like healthcare and automotive. The company raised its 2025 revenue outlook and ended the quarter with $198 million in cash. Retail investors on Stocktwits are bullish on SOUN, with one watcher predicting a price target above $15.
Read more at StockTwits: SoundHound AI Stock Rallies After-Hours On Beat-And-Raise Q4: Retail Turns Bullish