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News  ›  The Motley Fool

My Honest Take on SoundHound AI's Latest Earnings Report

The Motley Fool Logo The Motley Fool By Anders Bylund
My Honest Take on SoundHound AI's Latest Earnings Report

SoundHound AI reported strong revenue growth in Q2, tripling year-over-year to $42.7 million, but faces ongoing challenges with cash burn, stock dilution, and path to profitability. The author views the stock as a 'hold' rather than a strong buy.

Insights
MSpE   neutral

Analyst Mike Wilson provides varied scenarios from moderate pullback to potential recession, but notes earnings resilience


SOUN   neutral

While the company showed impressive revenue growth and beat analyst expectations, significant concerns exist around cash burn, stock dilution, and lack of profitability. The author is cautiously optimistic but recommends a 'hold' strategy.