AINewsBreaks – SoundHound AI, Inc. (NASDAQ: SOUN) Reports 52% Revenue Growth in First Quarter, Advances Agentic AI Strategy
SoundHound AI (NASDAQ: SOUN) reported first-quarter 2026 revenue of $44.2 million, up 52% year over year, while reaffirming full-year revenue guidance of $225 million to $260 million and ending the quarter with $216 million in cash and no debt. The company said core automotive and IoT AI revenue grew 88% excluding acquisitions, reflecting continued demand across its voice and agentic AI business. During the quarter, SoundHound launched its OASYS self-learning agentic AI platform and announced its planned acquisition of LivePerson, a move expected to expand its enterprise footprint and create a projected $500 million revenue opportunity. The company also highlighted customer expansion across automotive, restaurants,…