US Stock Market Move | Q4 revenue surged by 101%. SoundHound AI (SOUN.US) rose by over 10%.

On Friday, SoundHound AI (SOUN.US) rose more than 10% to $10.30. In terms of news, the company's revenue for Q4 2024 was $34.543 million, a year-on-year increase of 101%, higher than the expected $33.7 million; adjusted net loss was $18.993 million, compared to a loss of $9.771 million in the same period last year; the company raised its full-year revenue expectation for 2025 to $157 million to $177 million.