SOUN - SoundHound AI Q4 Earnings: Revenue Miss EPS Miss Backlog Growth 'Breakthrough Year' And More | Benzinga
SoundHound AI Inc (NASDAQ:SOUN) reported fourth-quarter financial results Thursday after the close. Here’s a look at the key metrics from the quarter.
Q4 Earnings: SoundHound’s fourth-quarter revenue increased 80% year-over-year to $17.147 million, which missed the consensus estimate of $17.746 million, according to Benzinga Pro. The company reported a quarterly loss of 7 cents per share, which missed analyst estimates for a loss of 6 cents per share.
SoundHound noted that it has a combined cumulative subscriptions and bookings backlog of $661 million at the end of the quarter, doubling from ...