Soundhound AI's Q2 revenue increased by 54%, but losses expanded by 30%, with a more than 10% rise in after-hours trading followed by a decline｜Financial Report Insights
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Soundhound's second-quarter revenue growth slowed to 54%, still stronger than expected, while EBITDA losses expanded by 30%, far exceeding expectations and ten times that of the first quarter. After the financial report, Soundhound initially rose more than 10% in after-hours trading, then fell by nearly 8%. Updates ongoing
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