SoundHound AI (NASDAQ:SOUN) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
SoundHound AI missed estimated earnings by -17.0%, reporting an EPS of $-0.07 versus an estimate of $-0.06.
Revenue was up $7.65 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 3.0% increase in the share price the next day.
Here's a look at SoundHound AI's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.11 | -0.12 | -0.17 |
| EPS Actual | -0.09 | -0.10 | -0.13 | -0.15 |
| Revenue Estimate | 12.78M | 8.06M | 6.72M | 8.84M |
| Revenue Actual | 13.27M | 8.75M | 6.71M | 9.50M |
To track all earnings releases for SoundHound AI visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
