Overview

* SoundHound AI ( SOUN ) Q2 revenue rises 217% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EBITDA loss of $14.3 mln beats analyst estimates

* Co raises full-year revenue outlook, reflecting confidence in growth

Outlook

* SoundHound raises full-year 2025 revenue outlook to $160 mln - $178 mln

Result Drivers

* AUTOMOTIVE GROWTH - Significant new win in China for voice assistant integration with a major OEM, expanding in India with KIA

* RESTAURANT EXPANSION - Breakthrough quarter with new wins and expansions in restaurant sector, including Red Lobster and Chipotle

* ENTERPRISE AI - Unveiled Amelia 7 platform, with 15 large enterprise customers migrating to this AI agent platform

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $42.70 $32.90

Revenue mln mln (8

Analysts

)

Q2 EPS -$0.19

Q2 Net -$74.70

Income mln

Q2 Beat -$14.30 -$17.80

Adjusted mln mln (8

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy"

* Wall Street's median 12-month price target for SoundHound AI Inc ( SOUN ) is $11.00, about 1.8% above its August 6 closing price of $10.80

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)