Don't know if any of you noticed, but seems like there's been conflicting info about earnings. Some comments on Soundhound sub reddit said the company missed on EPS but this article and others say they beat on everything and raised guidance?
What do you make of these earnings for Soundhound?
[ Q2 Earnings: SoundHound reported second-quarter revenue of $13.5 million, beating the consensus estimate of $13.083 million. The company reported an adjusted loss of 4 cents per share, beating analyst estimates for a loss of 9 cents per share.
Total revenue was up 54% on a year-over-year basis. SoundHound said its cumulative subscriptions and bookings backlog customer metric came in at $723 million and “roughly doubled” on a year-over-year basis. The company ended the quarter with a cash balance of $201 million. ]
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