SoundHound AI Q2 Earnings: Revenue Beat, EPS Beat, Raised Guidance On 'Strong Customer Momentum'
SoundHound AI Q2 Earnings: Revenue Beat, EPS Beat, Raised Guidance On 'Strong Customer Momentum'
SoundHound AI Inc (NASDAQ:SOUN) reported second-quarter financial results after the market close on Thursday. Here's a rundown of the report.
SoundHound AI公司（NASDAQ：SOUN）周四收盘后公布了第二季度财报。以下是该报告的摘要。
Q2 Earnings: SoundHound reported second-quarter revenue of $13.5 million, beating the consensus estimate of $13.083 million. The company reported an adjusted loss of 4 cents per share, beating analyst estimates for a loss of 9 cents per share.
Q2盈利：SoundHound报告第二季度营业收入为1350万美元，超过了1308.3万美元的共识估计。该公司报告调整后每股亏损4美分，好于分析师预期的每股亏损9美分。
Total revenue was up 54% on a year-over-year basis. SoundHound said its cumulative subscriptions and bookings backlog customer metric came in at $723 million and "roughly doubled" on a year-over-year basis. The company ended the quarter with a cash balance of $201 million.
总营业收入同比增长54％。SoundHound称其累计订户和未完成订单客户度量指标达到72300万美元，并且“大约翻了一倍”。该公司以2.01亿美元的现金结余结束了本季度。
"This has been a milestone quarter, with strong customer momentum across all of our key industries — including several new global brands," said Keyvan Mohajer, co-founder and CEO of SoundHound AI.
“这是一个具有重要里程碑意义的季度，我们在所有关键行业中都取得了强劲的客户动量，包括几个新的全球品牌，” SoundHound AI的联合创始人兼首席执行官Keyvan Mohajer说。
"We believe the demand for voice and conversational AI is increasing and are committed to strengthening our leadership position in this growing market."
“我们相信声音和对话AI的需求正在增加，并致力于在这个不断增长的市场中加强我们的领先地位。”
Guidance: SoundHound raised its full-year guidance. The company now expects full-year 2024 revenue to exceed $80 million, up from a prior range of $65 million to $77 million. SoundHound also said it expects 2025 revenue to exceed $150 million.
指导：SoundHound提高了全年指导。现在，该公司预计2024年全年营业收入将超过8000万美元，高于之前的6500万至7700万美元的范围。SoundHound还表示，它预计2025年的营收将超过1.5亿美元。
"We continued to realize strong growth in the second quarter while meaningfully improving our capital structure. This is allowing us to further accelerate our organic business while capitalizing on high-impact M&A," said Nitesh Sharan, CFO of SoundHound AI.
“在第二季度，我们继续实现强劲增长，同时在资本结构上有了实质性的改善。这使我们能够进一步加速我们的有机业务，同时利用高影响力的并购，” SoundHound AI的首席财务官Nitesh Sharan说。
Management will hold a conference call to discuss these results at 5 p.m. ET.
管理层将于东部时间下午5点举行电话会议，讨论这些结果。
SOUN Price Action: SoundHound AI shares were up 7.87% in after hours, trading at $5.37 at the time of publication Thursday, according to Benzinga Pro.
SOUN价格行动：据Benzinga Pro称，SoundHound AI的股票在周四发布时在盘后交易中上涨了7.87％，交易价格为5.37美元。
Photo: Shutterstock.
照片：shutterstock。