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SoundHound AI | 8-K: Current report

SoundHound AI | 8-K:重大事件

SEC announcement ·  02/29 16:20
Moomoo AI 已提取核心信息
On February 29, 2024, SoundHound AI, Inc., a leader in voice artificial intelligence, announced its financial results for the fourth quarter and full year ended December 31, 2023. The company reported a significant 80% increase in fourth-quarter revenue, reaching $17.1 million, and an 80% improvement in adjusted EBITDA year-over-year for the same quarter. Full-year revenue also saw a substantial rise of 47%, totaling $45.9 million. SoundHound AI's net loss per share improved by 53% in Q4 and by 46% for the full year. The company's combined cumulative subscriptions and bookings backlog grew to $661 million, doubling from the previous year. SoundHound AI highlighted several business achievements, including the acquisition of SYNQ3, making it the largest voice AI provider for restaurants, and significant partnerships and product launches in the automotive and restaurant industries. The company's cash balance stood at approximately $109 million as of December 31, 2023, with a current total exceeding $200 million. Looking ahead, SoundHound AI expects full-year 2024 revenue to range between $63 to $77 million and anticipates surpassing $100 million in revenue by 2025 with positive adjusted EBITDA.
On February 29, 2024, SoundHound AI, Inc., a leader in voice artificial intelligence, announced its financial results for the fourth quarter and full year ended December 31, 2023. The company reported a significant 80% increase in fourth-quarter revenue, reaching $17.1 million, and an 80% improvement in adjusted EBITDA year-over-year for the same quarter. Full-year revenue also saw a substantial rise of 47%, totaling $45.9 million. SoundHound AI's net loss per share improved by 53% in Q4 and by 46% for the full year. The company's combined cumulative subscriptions and bookings backlog grew to $661 million, doubling from the previous year. SoundHound AI highlighted several business achievements, including the acquisition of SYNQ3, making it the largest voice AI provider for restaurants, and significant partnerships and product launches in the automotive and restaurant industries. The company's cash balance stood at approximately $109 million as of December 31, 2023, with a current total exceeding $200 million. Looking ahead, SoundHound AI expects full-year 2024 revenue to range between $63 to $77 million and anticipates surpassing $100 million in revenue by 2025 with positive adjusted EBITDA.
2024年2月29日,语音人工智能领域的领导者SoundHound AI, Inc. 公布了截至2023年12月31日的第四季度和全年财务业绩。该公司报告称,第四季度收入大幅增长80%,达到1710万美元,同期调整后的息税折旧摊销前利润同比增长80%。全年收入也大幅增长了47%,总额为4590万美元。SoundHound AI的每股净亏损在第四季度增长了53%,全年增长了46%。该公司的累计订阅量和积压预订总额增至6.61亿美元,比上年翻了一番。SoundHound AI 重点介绍了多项业务成就,包括收购 SYNQ3,使其成为最大的餐厅语音人工智能提供商,以及汽车和餐饮业的重要合作伙伴关系和产...展开全部
2024年2月29日,语音人工智能领域的领导者SoundHound AI, Inc. 公布了截至2023年12月31日的第四季度和全年财务业绩。该公司报告称,第四季度收入大幅增长80%,达到1710万美元,同期调整后的息税折旧摊销前利润同比增长80%。全年收入也大幅增长了47%,总额为4590万美元。SoundHound AI的每股净亏损在第四季度增长了53%,全年增长了46%。该公司的累计订阅量和积压预订总额增至6.61亿美元,比上年翻了一番。SoundHound AI 重点介绍了多项业务成就,包括收购 SYNQ3,使其成为最大的餐厅语音人工智能提供商,以及汽车和餐饮业的重要合作伙伴关系和产品发布。截至2023年12月31日,该公司的现金余额约为1.09亿美元,目前总额超过2亿美元。展望未来,SoundHound AI预计,2024年全年收入将在6,300万美元至7700万美元之间,并预计到2025年收入将超过1亿美元,调整后的息税折旧摊销前利润为正。
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