SoundHound Stock Drops 3.7% Ahead of Q3 Earnings Today

According to Stock Analysis, SoundHound AI (NASDAQ: SOUN) shares fell 3.7% to $4.16 on November 5, as investors awaited the company's third-quarter earnings report, scheduled for after the US market close today. Analysts expect quarterly revenue of approximately $61.71 million to $62.8 million and a loss of about $0.13 per share. The results will provide the first financial update since SoundHound completed its LivePerson acquisition on September 4, with focus on the acquired business's revenue contribution and whether management revises its $230 million to $260 million full-year outlook.
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