Enterprise AI deals - Co said strong Q2 revenue growth was driven by signing major enterprise AI contracts attributed to OASYS platform.
Cost discipline - Co cited disciplined cost management as a key factor in improving profitability metrics.
Sector expansion - Co signed and renewed deals across healthcare, automotive, financial services, and restaurant sectors, supporting revenue growth.
Updated outlook
SoundHound AI raises 2026 revenue outlook to $230 mln-$260 mln.
Company plans to update guidance after closing LivePerson acquisition, expected before end-2026.
Key details and analyst coverage
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$61.90 mln
$52.39 mln (8 Analysts)
Q2 Loss Per Share
$0.10
Q2 Net Loss
$42.80 mln
Q2 Adjusted EBITDA
Beat
-$9.60 mln
-$23.30 mln (7 Analysts)
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell".
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