Business with profit
Many more contracts are coming into SOUN, don’t understand why ppl are selling.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
NoName123 : I thought the same. Maybe they don't wan to take the risk
STD0313 : The PA gained over 25% with a 27% turnover rate. No one was selling. Take that negative BS on out of here. Learn how to read the information that is given to you. It will save you from making blanket statements that are not true.
10baggerbamm STD0313 : the real asset test for SoundHound and it may be coming in the third or fourth quarter this year is for them to turn a profit. because the company retired all their debt, they are saving over 4 million a quarter in just interest cost. assuming and we all know what that word means they're not doing something to piss away that money like increase salaries it should trickle down to the bottom line and it wouldn't be a huge profit because you have about 300 million shares in the float but it would be a little bit over a penny plus per share. and even though this is I think by design for them to show a profit way ahead of schedule it was supposed to be 4th quarter last year then that never happened and keyvan said it would be sometime in the latter half of 25. if they can squeeze out a profit I think it would shock a lot of people and they could be afforded a premium to the stock price because they've turned the corner even though it's technically by design by paying off the debt and not so much from hi margin sales hitting the bottom line. anyways you get the idea i'm yammering I'm still on my first cup of coffee