The Q2 earnings season has ended with a positive outlook for the rest of the industry, including UiPath (NYSE😛ATH), SoundHound AI (NASDAQ:SOUN), and Pigeasstems (Pigeas). These companies have reported strong Q2 results, with revenues exceeding analysts expectations and guidance for the next quarter. UiPATH reported revenues of $361.7 million, up 14.4% year on year, but missed its billings estimates by 4.1%. Meanwhile, SoundHounding AI reported revenues by 217% year upon year and outperformed its peers by 31.2%. Both companies have seen an increase in share prices since the latest earnings results.
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