SoundHound AI, Inc. develops independent voice artificial intelligence (AI) platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions The company is headquartered in Santa Clara, California.

SoundHound AI, Inc.

As a leading innovator of conversational intelligence, we offer an independent voice AI platform that enables businesses across industries to deliver best-in-class conversational experiences to their customers. Built on proprietary Speech-to-Meaning® and Deep Meaning Understanding® technologies, SoundHound’s advanced voice AI platform provides exceptional speed and accuracy and enables humans to interact with products and services like they interact with each other—by speaking naturally. 

SoundHound is trusted by companies around the globe, including Hyundai, Mercedes-Benz, Pandora, Qualcomm, Netflix, Snap, Square, LG, VIZIO, KIA, and Stellantis.

SoundHound AI

WATCH (1H05.00) 👀: SoundHound AI CEO & Co-Founder Keyvan Mohajer appears on Bloomberg TV to talk about our financial results #growth #earnings #Q42023 

HERE: https://lnkd.in/gkZ3bm5m 

🌟 Celebrating Our Incredible Team on Employee Appreciation Day! 🌟

#SoundHoundAI #SoundHounders 

SoundHound AI Reports Record Quarter with 80% Q4 Revenue Growth to $17.1 Million; Adjusted EBITDA Improved by 80% Year-Over-Year in Q4 📈 

https://lnkd.in/gJPDRjjv

Want to learn more about SoundHound AI's business? Listen in to our Q4 2023 earnings call at 2pm PT today 🗓 by clicking the link below.

https://lnkd.in/g_hWW_ap  

TODAY ⏰: It's not too late to register for the webinar with our partners at White Castle! Join us to learn about how they've been scaling #voiceAI in the drive-thru 🚗. #restauranttech  

https://lnkd.in/em-9KPuX 

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	7.68M -	13.02M 69.56%	21.20M 62.84%	31.13M 46.86%	45.87M 47.36%
cost of revenue	4.51M -	5.86M 29.86%	6.58M 12.31%	9.60M 45.77%	11.31M 17.79%
gross profit	3.16M -	7.15M 126.25%	14.61M 104.25%	21.53M 47.34%	34.57M 60.55%
selling and marketing expenses	5.39M -	4.74M 12.11%	4.24M 10.53%	20.37M 380.35%	18.89M 7.24%
general and administrative expenses	14.57M -	14.14M 2.98%	16.52M 16.84%	30.18M 82.66%	28.29M 6.27%
selling general and administrative expenses	19.97M -	18.88M 5.45%	20.76M 9.97%	50.55M 143.46%	47.18M 6.66%
research and development expenses	47.77M -	54.28M 13.63%	59.18M 9.03%	76.39M 29.09%	51.44M 32.66%
other expenses		17K -	-502K 3,052.94%	32K 106.37%	190K 493.75%
cost and expenses	72.81M -	79.02M 8.53%	86.52M 9.49%	136.54M 57.80%	109.92M 19.49%
operating expenses	68.30M -	73.16M 7.12%	79.94M 9.27%	126.94M 58.79%	98.62M 22.31%
interest expense		2.27M -	8.34M 267.65%	6.89M 17.37%	17.57M 154.90%
ebitda	-59.90M -	-59.78M 0.20%	-56.73M 5.10%	-97.76M 72.31%	-61.74M 36.85%
operating income	-64.57M -	-66.00M 2.21%	-65.33M 1.03%	-105.41M 61.35%	-64.05M 39.23%
depreciation and amortization	4.67M -	6.22M 33.20%	8.59M 38.11%	7.65M 11.00%	2.31M 69.76%
total other income expenses net	360K -	-7.67M 2,229.17%	-13.76M 79.48%	-7.08M 48.56%	-20.97M 196.34%
income before tax	-64.21M -	-73.67M 14.72%	-79.08M 7.35%	-112.48M 42.23%	-85.02M 24.41%
income tax expense	253K -	738K 191.70%	456K 38.21%	2.89M 533.55%	3.91M 35.48%
net income	-64.47M -	-74.41M 15.42%	-79.54M 6.90%	-115.37M 45.05%	-88.94M 22.91%
weighted average shs out	11.60M -	69.60M 499.92%	67.26M 3.37%	157.32M 133.91%	229.26M 45.73%
weighted average shs out dil	11.60M -	69.60M 499.92%	67.26M 3.37%	157.32M 133.91%	229.26M 45.73%
eps	-5.56 -	-1.07 80.76%	-1.18 10.28%	-0.73 38.14%	-0.39 46.58%
epsdiluted	-5.56 -	-1.07 80.76%	-1.18 10.28%	-0.73 38.14%	-0.39 46.58%

COM:SOUNDHOUND

SoundHound AI, Inc.

Last Close

6.98

22/11 21:00

Market Cap

1.67B

Beta: -

Volume Today

106.84M

Avg: -

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