SoundHound AI, Inc. (NASDAQ:SOUN) Q4 2022 Results Conference Call March 7, 2023 5:30 PM ET
Company Participants
Scott Smith - Head, Investor Relations
Keyvan Mohajer - Chief Executive Officer
Nitesh Sharan - Chief Financial Officer
Conference Call Participants
Mike Latimore - Northland
Brett Knoblauch - Cantor Fitzgerald
Operator
Good day, and welcome to the SoundHound Q4 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.
I would now like to hand the conference over to your speaker, Mr. Scott Smith, Head of Investor Relations. Please go ahead.
Scott Smith
Great. Thank you, Sheri. Hi, everyone. Good afternoon, and thanks for joining our fourth quarter and full year 2022 conference call. With me today is our CEO, Keyvan Mohajer; and our CFO Nitesh Sharan. We will begin with some short remarks before moving to Q&A.
We’d also like to remind everyone, that we’ll be making forward-looking statements on this call. Actual results could differ materially from those suggested by our forward-looking statements. Please refer to our filings with the SEC for a detail discussion of the risks and uncertainties that could affect our business and those that qualify as forward-looking statements.
In addition, we may discuss certain non-GAAP measures. Please refer to today’s press release for more detailed financial results and further details on the definitions, limitations and uses of those measures and reconciliations from GAAP to non-GAAP. Also note that the forward-looking statements on this call are based on information available to us as of today’s date. We disclaim any obligation to update any forward-looking statements, except as required by law. Finally, this call is being audio webcast in its entirety on our Investor Relations website. An audio replay will be available shortly, following today's call.
With that, I would like to turn the call over to our CEO, Keyvan Mohajer. Please go ahead, Keyvan.
Keyvan Mohajer
Thank you, Scott, and thank you to everyone for joining the call today. We're happy to share with you the results and highlights of our first fiscal year as a public company, which we closed out with a strong fourth quarter.
Our cumulative bookings backlog increased to $332 million at year-end and our full year 2022 revenue was 31.1 million. Both of these key values exceeded targets we said and communicated in 2021 before we went public and well before the challenging market conditions began.