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Is SOUN still a strong AI play after its Q1 selloff, despite 52% revenue growth, and can OASYS and the LivePerson deal outweigh margin pressure and valuation concerns?
The voice artificial intelligence company grew its sales by 52% last quarter, but it wasn't enough to give its shares a boost.
Snowflake and SoundHound AI could recover from their recent declines.
One-time vendor charges and rising costs weigh on margins
Voice AI technology company SoundHound AI (NASDAQ:SOUN) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 51.7% year on year to $44.2 million. Its GAAP loss of $0.11 per share was in line with analysts’ consensus estimates.