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Mar 31, 2024
SoundHound Q1 2024 Earnings Report
SoundHound AI reported a strong Q1 2024 with a 73% revenue increase and raised its full-year revenue outlook.
Key Takeaways
SoundHound AI reported a 73% increase in revenue to $11.6 million for Q1 2024. The company's total cash was $226 million at the end of the quarter and is raising its full year revenue outlook to be in the range of $65 to $77 million.
Q1 2024 revenue grew by 73% to $11.6 million.
Total cash was $226 million at the end of Q1 2024.
Full year 2024 revenue outlook updated to a range of $65 to $77 million.
Voice AI is becoming a must-have tool for customer service.
Forward Guidance
SoundHound updates full year 2024 revenue outlook to be in a range of $65 to $77 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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