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SoundHound AI Shares Soar on Acquisition and Strong Revenue Growth. Is It Too Late to Buy the Stock?

The Motley Fool
Summary
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77% Informative

SoundHound 's Q2 revenue jumped 54% year over year to $13.5 million .

The company continued to make progress within its two main verticals: automobiles and restaurants.

With the acquisition of Amelia , it will now look to push its technology into other verticals such as financial institutions, insurance, retail, and healthcare.

The combined company is projected to generate revenue of more than $150 million next year .

Stock Advisor returns as of August 12, 2024 SoundHound AI Shares Soar on Acquisition and Strong Revenue Growth. Is It Too Late to Buy the Stock? was originally published by The Motley Fool .

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