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SoundHound AI Q4'24 Earnings Highlights:

$SOUN (-0,5%)


🔹 Adj. EPS: ($0.05) (Est. -$0.10) 🟢; DOWN from ($0.04) YoY

🔹 Revenue: $34.5M (Est. $33.66M) 🟢; UP +101% YoY


FY25 Guidance:

🔹 Revenue: $157M-$177M (Est. $165.44M) 🟡; UP +85% to +109% YoY at range


Announcements & Strategic Updates:

🔸 Unveiled first in-vehicle voice commerce platform at CES 2025

🔸 Partnered with Rekor for audio-visual AI in emergency vehicle tech

🔸 Expanded customer base across QSR, healthcare, automotive, retail, and more


Management Commentary:

🔸 CEO Keyvan Mohajer: "We had a breakthrough year, expanding our leadership position in voice and conversational AI through major customer wins, expanded partnerships, groundbreaking generative AI innovation, and strategic acquisitions."


🔸 CFO Nitesh Sharan: "We exited 2024 in a position of strength, and with accelerating momentum. Our foundation runs deep, with a rapidly growing and diversified customer base."

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