SoundHound AI, Inc. (SOUN) Stock: Slip 3.01% Despite Record Q3 Revenue of $62.4 Million

TLDR SoundHound stock slides to $3.94 despite record third-quarter sales growth. SoundHound posts $62.4 million in Q3 revenue, up 48.5% from a year earlier. Quarterly net loss narrows to $46.4 million, but adjusted EBITDA loss grows. SoundHound signs an LG deal covering approximately 20 million US smart TVs. Company targets positive adjusted EBITDA in 2027 [...]

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