LivePerson Says Insufficient Votes To Approve LivePerson Merger Proposal; Calls Vote To Adjourn Special Meeting For Additional Proxies
-SEC Filing
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Filed: 2026-08-20 AccNo: 0001193125-26-359283 Size: 226 KB Item 5.07: Submission of Matters to a Vote of Security Holders Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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-SEC Filing
Read original at benzingaSoundHound AI stock has plummeted 67% from its late 2024 high despite strong Q2 2026 revenue growth of 45% and raised full-year guidance. The company's new OASYS platform enables custom AI voice agents, and the pending LivePerson acquisition could boost 2027 revenue to $350-400 million. However, the stock remains expensive at a 16.7 P/S ratio, and the company continues to post significant losses. The analyst recommends waiting for a better entry point due to execution risks and valuation concerns.
Read original at the-motley-foolSoundHound AI stock surged 10.11% after the company boosted its full-year 2026 revenue forecast to $230-260 million. The surge was driven by strong Q2 results, including narrowed losses and better-than-expected earnings per share, along with growing demand for its new OASYS agentic AI platform that helps enterprises automate customer and employee interactions. The company is also progressing toward profitability and expects to close its acquisition of LivePerson before year-end.
Read original at the-motley-fool