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SoundHound AI Stock Dips: What's Going On?

ResultsRead the original at Benzinga
Neutral

SoundHound beat sales and per-share loss estimates and set sales forecasts above estimates. LivePerson lifted sales, growth without it was about 15%, and revenue timing changes plus a $20.7 million shortfall on an adjusted operating measure leave the outlook unchanged.

SOUN · SoundHound AI Inc.

AI read · Neutral

The AI's read

The extra sales from LivePerson and the shift to hosted plans make the reported growth hard to compare. Sales without LivePerson grew about 15%, and customer departures there add uncertainty. Cost cuts are expected to save about $120 million per year, and OASYS is being deployed by close to 20 large customers. But the company reported a $20.7 million adjusted EBITDA shortfall, and Cantor cut its target despite keeping its positive rating. The 2027 sales goal depends on how customer losses and billing changes play out, so the facts do not point clearly one way.

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