SoundHound AI's Q3 Anticipation: Revenue Surge and Stock Fluctuations
SoundHound AI's stock experienced volatility ahead of its Q3 earnings report, initially rising on investor optimism about its AI voice technology but later declining. Analysts expect a loss of 7 cents per share on $23 million in sales, compared to a 9-cent loss on $13.3 million last year. The company's technology is used in various sectors, including call centers and drive-thrus, with notable clients like Taco Bell and Chipotle. SoundHound went public in April 2022 and has seen investment from Nvidia.
