NASDAQ$SOUN

Soundhound Ai Inc-A · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Headline financials

Total Revenue

-$16K

Previous: $4.29M-100.4%
EPS (adj)

-$0.13

Previous: -$2.00+93.5%
Capital Expenditures

-$15K

Previous: $611K-102.5%
Free Cash Flow

-$26.4M

Previous: -$15.6M-69.1%
Net Income

-$26.4M

Previous: -$25.1M-5.0%
Operating Income

-$25M

Previous: -$20.7M-20.9%
Gross Profit

-$1.99M

Previous: $2.52M-179.1%
Cash & Equivalents

$46.3M

Previous: $8.21M+464.3%
Total Assets

$72.8M

Previous: $35.9M+102.6%
Stock-Based Comp

$8.25M

Previous: $2.46M+234.8%

Revenue & EPS history

SoundHound · Revenue · Quarterly

-$16K

Q1 2023-100.4%vs Q1 2022
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-1.2%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-4.8%

Avg return

30 days after

35%

7 / 20 earnings

Positive

+17.8%

Q4 2024

Best reaction

-19.3%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.8%-5.2%-23.9%
Q4 2025-4.1%-9.1%-34.3%
Q3 2025-0.8%-7.0%-10.3%
Q1 2025-7.6%+20.7%+3.8%
Q4 2024+17.8%+10.2%-7.7%
Q3 2024-19.3%-18.1%+75.9%
Q2 2024+13.3%+16.0%+1.2%
Q1 2024+14.6%+10.2%-3.3%
Q4 2023-4.7%-21.8%-7.1%
Q3 2023+1.1%+20.3%+18.6%
Q2 2023-5.8%+12.6%+11.7%
Q1 2023-2.7%-5.1%+17.6%
Q4 2022-4.9%-39.0%-13.2%
Q3 2022-8.3%-11.7%-33.5%
Q4 2021+2.5%-11.7%-9.3%
Q2 2022+0.0%+3.1%-9.2%
Q1 2022-10.2%-29.5%-58.2%
Q3 2021-0.2%
Q1 2021+0.2%
Q2 2021+0.2%

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