By Zacks Equity Research
Publication Date: 2026-05-07 21:55:00
SoundHound AI, Inc. (SOUN) reported quarterly loss of $0.06 per share versus the Zacks Consensus Estimate for a loss of $0.05. This compares to a loss of $0.06 per share a year ago. These figures are adjusted for one-time items.
This quarterly report represents an earnings surprise of -33.33%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced a loss of $0.02, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
SoundHound AI, part of the Zacks Computers IT Services industry, posted revenues of $44.2 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.48%. This compares to year-ago revenue of $29.13 million. The company has topped consensus revenue estimates four times over the past four quarters.
The sustainability of the stock’s immediate price movement based on the recently released…