NASDAQ$SOUN
Soundhound Ai Inc-A · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
SoundHound AI reported strong Q4 revenue with an increase of 84% year-over-year.
SoundHound AI reported an 84% increase in Q4 revenue year-over-year, reaching $9.5 million. The company's gross margin increased to 71%, and although the company experienced a net loss, they anticipate revenue growth of approximately 50% in 2023 and expect to become adjusted EBITDA positive in Q4 2023.
- Q4 revenue increased by 84% year-over-year to $9.5 million.
- Gross margin for Q4 increased to 71%, a 4 percentage point increase year-over-year.
- Cumulative bookings backlog increased by 59% year-over-year, reaching $332 million.
- The company expects to grow its revenue by approximately 50% in 2023.
Headline financials
Revenue & EPS history
SoundHound · Revenue · Quarterly
$9.5M
Forward guidance
SoundHound expects to grow its revenue by approximately 50% in 2023, with revenue expected to be in the range of $43 to $50 million. The company also anticipates becoming adjusted EBITDA positive in the fourth quarter of 2023.
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 Q4 2022
-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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro