SoundHound AI, Inc. (NASDAQ:SOUN) Q2 2022 Earnings Conference Call August 11, 2022 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 Capital Markets

Brett Knoblauch - Cantor Fitzgerald

John Katsingris - Wedbush Securities

Operator

Good afternoon, and welcome to SoundHound's Second Quarter 2022 Earnings Conference Call. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the call over to Scott Smith, Head of Investor Relations. Please go ahead.

Scott Smith

Thanks, Jillian. Hi everyone. Good afternoon, and thanks for joining our second quarter 2022 earnings call. With me here 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. Reported results should not be considered as an indication of future performance. Please refer to our filings with the SEC for a discussion of the factors that could cause our results to differ, including those described in our prospectus filed April 8, 2022 in connection with our business combination.

In addition, we may discuss certain non-GAAP measures. Please refer to today's press release for 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, in its entirety is being audio webcast on our Investor Relations website. An audio replay will be available shortly, following today's call.

And with that, I would like to turn the call over to Keyvan.

Keyvan Mohajer

Thank you, Scott. Before we get started, I wanted to welcome Scott Smith to the SoundHound team, our new Head of Investor Relations. Welcome Scott. And thank you to everyone for joining the call today. We are pleased to welcome you to our first earnings call as a public company. We celebrated our listing on NASDAQ, under the ticker SOUN on April 28 of this year.

Today, we are excited to share with you our strong second quarter results. We grew our cumulative booking backlog by three times compared to the prior year, and our monthly queries have more than tripled since early last year, showing that our technology is being adopted at an accelerated rate. SoundHound has spent many years building our foundation for this moment. We began this journey 17 years ago in a small dorm room at Stanford University, where my co-founders and I decided that within our lifetime, we should be able to talk to the computers, the way we talk to each other, and we embarked on the journey to make that happen.