SoundHound AI, a leader in voice artificial intelligence, late Thursday beat Wall Street's targets for the fourth quarter and raised its outlook for full-year 2025. SOUN stock surged in extended trading.
The Santa Clara, Calif.-based company lost an adjusted 5 cents a share on revenue of $34.5 million in the December quarter. Analysts polled by FactSet had expected SoundHound to lose 10 cents a share on sales of $33.7 million in Q4. In the year-earlier quarter, SoundHound lost an adjusted 4 cents a share on sales of $17.1 million.
SoundHound raised its 2025 revenue outlook to a range of $157 million to $177 million. The midpoint of $167 million would represent growth of 97% over 2024. Last year, SoundHound's revenue increased 85% to $84.7 million.
"We had a breakthrough year, expanding our leadership position in voice and conversational AI through major customer wins, expanded partnerships, groundbreaking generative AI innovation, and strategic acquisitions," Chief Executive Keyvan Mohajer said in a news release.
He added, "As we move into the era of agentic AI, we are uniquely positioned to capitalize on this evolving category."
SOUN Stock Jumps After Report
In after-hours trading on the stock market today, SOUN stock jumped nearly 12% to 10.26. During the regular session Thursday, SOUN stock fell 3.8% to close at 9.21.
SoundHound's technology is used by companies to interact with customers in call centers and restaurant drive-thrus. Its voice-response technology also can be found in cars and televisions.
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