SoundHound AI Reports Second Quarter Revenue Increase of 42%, Adjusted EBITDA Improves 50%, Strong Increase in Cash Position, Investment in Generative AI Foundation Model

SoundHound AI Reports Second Quarter Revenue Increase of 42%, Adjusted EBITDA Improves 50%, Strong Increase in Cash Position, Investment in Generative AI Foundation Model

SANTA CLARA, Calif.–(BUSINESS WIRE)– “We mark another quarter of strong growth, with our AI powering millions of devices and services and billions of successful interactions per year. We expect our unique Generative AI integration will result in faster adoption and even greater capabilities,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound. “And now, we are […]

Aeva Reports Second Quarter 2023 Results

Aeva Reports Second Quarter 2023 Results

Strategic collaboration agreement with Top-10 OEM to develop perception software stack around Aeva 4D data First win in rail with Railergy to enable automated trains for a major European freight carrier Industrial on track for 2024 with LiDAR-on-chip module validated for first Nikon product MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Key Company Highlights Deepened integration with Top-10 […]

SES Reports Second Quarter 2023 Financial Results

BOSTON–(BUSINESS WIRE)–SES AI Corporation (NYSE: SES), headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, today announced its business and financial results for the second-quarter of 2023, which ended June 30. The Company posted a Letter to Our Shareholders on […]

Wolfspeed, Inc. Announces Date of Fiscal Fourth Quarter Earnings Call for August 16, 2023

Wolfspeed, Inc. Announces Date of Fiscal Fourth Quarter Earnings Call for August 16, 2023

DURHAM, N.C.–(BUSINESS WIRE)–Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its fourth quarter and full year fiscal 2023 results on Wednesday, August 16th, 2023, at 5:00 pm Eastern Time. A live webcast of the earnings conference call along with the earnings release […]

Vroom Announces Second Quarter 2023 Results

Vroom Announces Second Quarter 2023 Results

Continued Progress on Long-Term Roadmap Driving GPPU Improvement and Cost Reductions NEW YORK–(BUSINESS WIRE)–Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the second quarter ended June 30, 2023. HIGHLIGHTS OF SECOND QUARTER 2023 VERSUS FIRST QUARTER 2023 5% sequential growth in Ecommerce units – first […]