SoundHound (SOUN) Aids Restaurant Portfolio With Acquisitions [Yahoo! Finance]
SoundHound AI, Inc. (SOUN)
Company Research
Source: Yahoo! Finance
The upside has been primarily driven by acquisitions and strong performance across SOUN's key sectors, particularly in AI customer service solutions and automotive voice assistant technologies. SOUN's acquisition of SYNQ3 bolstered its presence in the restaurant sector, contributing positively to the revenue mix and customer base expansion. The acquisition of SYNQ3 added approximately $3 million to SoundHound's revenue in the first quarter of 2024. In the reported quarter, the company's revenues jumped 73% year-over-year to $11.6 million. Further expanding its portfolio through inorganic ways, SOUN recently announced the acquisition of key assets from Allset, an online ordering platform that connects restaurants with local customers. SoundHound AI, Inc. Price and Consensus SoundHound AI, Inc. price-consensus-chart | SoundHound AI, Inc. Quote The acquisition marks a significant expansion for SoundHound, enhancing its capabilities in voice AI through the integration of Allset
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SOUN
News
- Here's How the Fed's Big Rate Cut Could Affect These 2 Artificial Intelligence (AI) Stocks [Yahoo! Finance]Yahoo! Finance
- SoundHound AI, Inc. (SOUN) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
- SoundHound AI, Inc. (NASDAQ: SOUN) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $9.00 price target on the stock.MarketBeat
- Is SoundHound AI Inc. (SOUN) the Worst AI Stock to Buy? [Yahoo! Finance]Yahoo! Finance
- Forget Nvidia: Here Is My Top Artificial Intelligence (AI) Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
SOUN
Earnings
- 8/8/24 - Beat
SOUN
Sec Filings
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- SOUN's page on the SEC website