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Stock impact report

SoundHound AI, Inc. (NASDAQ:SOUN) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year [Yahoo! Finance]

SoundHound AI, Inc. (SOUN) 
Company Research Source: Yahoo! Finance
Revenues beat expectations coming in atUS$25m, ahead of estimates by 9.0%. Statutory losses were somewhat smaller thanthe analysts expected, coming in at US$0.06 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. See our latest analysis for SoundHound AI Taking into account the latest results, the current consensus from SoundHound AI's seven analysts is for revenues of US$159.3m in 2025. This would reflect a substantial 137% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 32% to US$0.21. Before this latest report, the consensus had been expecting revenues of US$152.1m and US$0.21 per share in losses. The conse Show less Read more
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