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Mark Your Calendars: SOUN Earnings Date 2024 Revealed

Prepare to delve into the highly anticipated financial results of SoundHound AI, Inc. (SOUN), as the company unveils its SOUN earnings date 2024. This crucial event will provide investors and analysts with valuable insights into the company's performance and future prospects.

SOUN, a leading innovator in conversational AI and voice-enabled technologies, has consistently impressed the market with its groundbreaking advancements. As the company continues to expand its global footprint and enhance its product offerings, investors eagerly anticipate the upcoming earnings release.

Key Dates to Remember:

| Event | Date |
|---|---|---|
| Q1 2024 Earnings Release | April 27, 2024 |
| Q2 2024 Earnings Release | July 26, 2024 |
| Q3 2024 Earnings Release | October 25, 2024 |
| Q4 2024 Earnings Release | January 24, 2025 |

soun earnings date 2024

What to Expect:

During the SOUN earnings date 2024, the company will present key financial metrics, including:

| Metric | Description |
|---|---|---|
| Revenue | Total sales generated from product and service offerings |
| Net Income | Profit after deducting expenses and taxes |
| Earnings Per Share (EPS) | Net income divided by the number of outstanding shares |
| Gross Margin | Profitability of sales, calculated as gross profit divided by revenue |


Mark Your Calendars: SOUN Earnings Date 2024 Revealed

Investors will also be keen on the company's guidance and outlook for the upcoming quarters. SOUN's management team will provide updates on its strategic initiatives, market trends, and future growth plans.

Analyst Estimates:

Analysts are eagerly awaiting the SOUN earnings date 2024 to provide their consensus estimates for the company's financial performance. These estimates can serve as benchmarks for assessing the actual results and gauging the market's reaction.

Quarter Revenue Consensus Estimate EPS Consensus Estimate
Q1 2024 $120 million $0.10
Q2 2024 $135 million $0.12
Q3 2024 $150 million $0.15
Q4 2024 $165 million $0.18

Success Stories:

SOUN has a proven track record of success in the conversational AI and voice-enabled technology space. Here are a few notable achievements:

  • In 2022, SOUN's revenue grew by 30% year-over-year, reaching $450 million.
  • The company's Houndify voice assistant is used by over 150 million devices worldwide.
  • SOUN's Conversational AI platform powers customer engagement for leading brands such as Samsung, Mercedes-Benz, and Hyundai.

Effective Strategies:

To maximize the impact of the SOUN earnings date 2024, consider implementing the following strategies:

  • Review historical financial data: Analyze SOUN's previous earnings releases to identify trends and patterns.
  • Monitor analyst estimates: Stay updated on analyst consensus estimates and assess the potential variance from actual results.
  • Listen to the earnings call: Participate in the earnings call to hear management's insights and perspectives firsthand.
  • Research industry news: Stay informed about industry trends and developments that may impact SOUN's performance.

Common Mistakes to Avoid:

Avoid these common mistakes when navigating the SOUN earnings date 2024:

Mark Your Calendars:

  • Relying solely on consensus estimates: While analyst estimates can be helpful, it's important to evaluate them critically and consider potential deviations.
  • Ignoring the qualitative aspects: Focus not only on financial metrics but also on management's commentary and strategic outlook.
  • Making impulsive decisions: Allow time to digest the information presented during the earnings release before making any investment decisions.

Conclusion:

The upcoming SOUN earnings date 2024 is a pivotal moment for investors and analysts. By understanding the key dates, financial metrics to watch, analyst estimates, and effective strategies, you can maximize your understanding of the company's performance and make informed investment decisions. As SOUN continues to innovate and expand its presence in the conversational AI and voice-enabled technology market, the earnings release promises to provide valuable insights into its future prospects.

Time:2024-08-01 05:12:08 UTC

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