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10-Q: Q3 2024 Earnings Report

10-Q: Q3 2024 Earnings Report

10-Q:2024財年三季報
美股SEC公告 ·  2024/11/13 06:09

Moomoo AI 已提取核心訊息

SoundHound AI reported Q3 2024 revenue of $25.1 million, up 89% year-over-year, driven by strong service subscription growth of $18.5 million following the acquisitions of SYNQ3 and Amelia. Gross margin was 49%, down from 73% in Q3 2023, reflecting the integration of acquired businesses. Net loss widened to $21.8 million from $20.2 million in the prior year period.The company completed two strategic acquisitions - SYNQ3 in January for $15.7 million and Amelia in August for $103.9 million, strengthening its position in voice and conversational AI. The Amelia acquisition expands SoundHound's reach into new industries including healthcare, insurance and financial services, bringing the combined company to nearly 200 marquee customers.SoundHound ended Q3 with $135.6 million in cash and cash equivalents, bolstered by $48.4 million in net proceeds from equity sales. The company paid down $70 million of Amelia's debt upon acquisition closing, with $39.7 million remaining. Management expects continued growth as it integrates the acquisitions and expands its AI-driven product portfolio.
SoundHound AI reported Q3 2024 revenue of $25.1 million, up 89% year-over-year, driven by strong service subscription growth of $18.5 million following the acquisitions of SYNQ3 and Amelia. Gross margin was 49%, down from 73% in Q3 2023, reflecting the integration of acquired businesses. Net loss widened to $21.8 million from $20.2 million in the prior year period.The company completed two strategic acquisitions - SYNQ3 in January for $15.7 million and Amelia in August for $103.9 million, strengthening its position in voice and conversational AI. The Amelia acquisition expands SoundHound's reach into new industries including healthcare, insurance and financial services, bringing the combined company to nearly 200 marquee customers.SoundHound ended Q3 with $135.6 million in cash and cash equivalents, bolstered by $48.4 million in net proceeds from equity sales. The company paid down $70 million of Amelia's debt upon acquisition closing, with $39.7 million remaining. Management expects continued growth as it integrates the acquisitions and expands its AI-driven product portfolio.
SoundHound 人工智能報告2024年第三季度營業收入爲2510萬美元,同比增長89%,主要得益於通過收購SYNQ3和Amelia而實現的1850萬美元的強勁服務訂閱增長。毛利率爲49%,低於2023年第三季度的73%,反映了收購業務的整合。淨虧損擴大至2180萬美元,較上年同期的2020萬美元增加。該公司完成了兩項戰略收購——1月收購SYNQ3,價格爲1570萬美元;8月收購Amelia,價格爲10390萬美元,增強了其在語音和對話式人工智能領域的地位。收購Amelia使SoundHound能夠拓展到新的行業,包括醫療保健、保險和金融服務,使合併後的公司擁有近200個知名客戶。SoundHound在第三季度結束時擁有13560萬美元的現金及現金等價物,受益於4840萬美元的股權銷售淨收益。公司在收購結束時償還了7000萬美元的Amelia債務,剩餘3970萬美元。管理層預計,隨着業務整合和人工智能驅動產品組合的擴展,將實現持續增長。
SoundHound 人工智能報告2024年第三季度營業收入爲2510萬美元,同比增長89%,主要得益於通過收購SYNQ3和Amelia而實現的1850萬美元的強勁服務訂閱增長。毛利率爲49%,低於2023年第三季度的73%,反映了收購業務的整合。淨虧損擴大至2180萬美元,較上年同期的2020萬美元增加。該公司完成了兩項戰略收購——1月收購SYNQ3,價格爲1570萬美元;8月收購Amelia,價格爲10390萬美元,增強了其在語音和對話式人工智能領域的地位。收購Amelia使SoundHound能夠拓展到新的行業,包括醫療保健、保險和金融服務,使合併後的公司擁有近200個知名客戶。SoundHound在第三季度結束時擁有13560萬美元的現金及現金等價物,受益於4840萬美元的股權銷售淨收益。公司在收購結束時償還了7000萬美元的Amelia債務,剩餘3970萬美元。管理層預計,隨着業務整合和人工智能驅動產品組合的擴展,將實現持續增長。
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