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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 已提取核心訊息
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,語音人工智能領域的領導者SoundHound AI, Inc. 公佈了截至2023年12月31日的第四季度和全年財務業績。該公司報告稱,第四季度收入大幅增長80%,達到1710萬美元,同期調整後的息稅折舊攤銷前利潤同比增長80%。全年收入也大幅增長了47%,總額爲4590萬美元。SoundHound AI的每股淨虧損在第四季度增長了53%,全年增長了46%。該公司的累計訂閱量和積壓預訂總額增至6.61億美元,比上年翻了一番。SoundHound AI 重點介紹了多項業務成就,包括收購 SYNQ3,使其成爲最大的餐廳語音人工智能提供商,以及汽車和餐飲業的重要合作伙伴關係和產...展開全部
2024年2月29日,語音人工智能領域的領導者SoundHound AI, Inc. 公佈了截至2023年12月31日的第四季度和全年財務業績。該公司報告稱,第四季度收入大幅增長80%,達到1710萬美元,同期調整後的息稅折舊攤銷前利潤同比增長80%。全年收入也大幅增長了47%,總額爲4590萬美元。SoundHound AI的每股淨虧損在第四季度增長了53%,全年增長了46%。該公司的累計訂閱量和積壓預訂總額增至6.61億美元,比上年翻了一番。SoundHound AI 重點介紹了多項業務成就,包括收購 SYNQ3,使其成爲最大的餐廳語音人工智能提供商,以及汽車和餐飲業的重要合作伙伴關係和產品發佈。截至2023年12月31日,該公司的現金餘額約爲1.09億美元,目前總額超過2億美元。展望未來,SoundHound AI預計,2024年全年收入將在6,300萬美元至7700萬美元之間,並預計到2025年收入將超過1億美元,調整後的息稅折舊攤銷前利潤爲正。
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