Voice AI recognition company SoundHound (NASDAQ:SOUN) reported Q2 CY2025 results beating Wall Street’s revenue expectations, with sales up 217% year on year to $42.68 million. Its non-GAAP loss of $0.03 per share was $0.02 above analysts’ consensus estimates.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automation software stocks fared in Q2, starting with Jamf (NASDAQ:JAMF).
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Shares of voice AI recognition company SoundHound (NASDAQ:SOUN) jumped 26.7% in the afternoon session after the company reported second-quarter results that featured a massive revenue beat, though profitability fell short of expectations. The voice artificial intelligence firm announced revenue of $42.7 million, a 217% increase year-over-year, which easily surpassed Wall Street's estimates of $32.5 million. However, the strong top-line growth came at a cost. The company's GAAP loss of $0.19 per share was significantly wider than the anticipated loss of $0.09. This trend was also reflected in its operating margin, which worsened to negative 183%. Investors appeared to focus on the impressive sales growth and strong billings, with the stock trading up over 23% following the release.
The United States stock market is currently a landscape of intriguing contrasts, with major indices exhibiting both robust performance and underlying volatility. The S&P 500 Index (SPX) is once again knocking on the door of a new record high, while the Nasdaq Composite (IXIC) has recently achieved multiple all-time
SoundHound shares are trading higher Friday after the company reported better-than-expected second quarter financial results and raised its fiscal year 2025 sales guidance above estimates on Thursday after the market closed.
