Welcome to our dedicated page for Auddia news (Ticker: AUUDW), a resource for investors and traders seeking the latest updates and insights on Auddia stock.
Auddia Inc (AUUDW) delivers AI-powered audio streaming solutions through its subscription-based platform, redefining digital radio and podcast experiences. This news hub provides investors and industry observers with essential updates on the company's technological advancements, financial performance, and market strategy.
Access comprehensive coverage of Auddia's developments including earnings reports, product enhancements, and strategic partnerships. The curated news collection enables stakeholders to track innovations in AI-driven audio classification systems, cloud-based processing capabilities, and the expansion of its ad-free listening ecosystem.
Key updates focus on core business areas: next-generation podcast monetization models, AM/FM radio streaming improvements, and SaaS solutions for content creators. Regular filings and announcements are contextualized through expert analysis of their impact on the competitive audio tech landscape.
Bookmark this page for streamlined access to official press releases, regulatory disclosures, and market analyses. Stay informed about Auddia's progress in developing interactive audio experiences while monitoring financial milestones in the evolving digital media sector.
Auddia Inc. (NASDAQ: AUUD, AUUDW) announced an upcoming presentation at the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 3:00 PM ET. Founder Jeff Thramann will showcase the company's progress and discuss future catalysts as Auddia transitions to a revenue-generating model. The expo will feature presentations from around 50 technology and media companies, offering investors opportunities for one-on-one meetings. Auddia is known for its innovative AI platform that enhances audio engagement across mediums like AM/FM radio and podcasts.
Auddia Inc. (NASDAQ: AUUD, AUUDW) announced a significant corporate update, transitioning to a revenue-generating model in 2023. The company achieved a successful launch of its audio platform, faidr, exceeding key user metrics. Auddia provided initial revenue guidance of $1M to $1.2M by year-end, with projected annual run rates of $3.25M to $3.9M in 2024. Key metrics for growth include a planned decrease in cost-per-install from $2.40 to $1.80 and increased user retention from 6% to 10%. Auddia secured $12M in funding to support its growth strategy.
Auddia Inc. (NASDAQ: AUUD, AUUDW) announced a corporate update call and investor webcast set for November 15, 2022, at 10:30 am ET. The call will provide an update on the company’s innovative AI platform for audio and podcast technologies, which aim to enhance consumer engagement with radio and podcasts. Participants can join the call via domestic and international numbers or through a live webcast link, with a replay available until November 22, 2022. For further details, the company encourages checking its investor relations page.
Auddia Inc. (NASDAQ: AUUD, AUUDW) announced the departure of its CFO, Brian Hoff, who is moving to a private equity-backed manufacturing firm. In response, the company has engaged an outside firm to assist with financial reporting and will start a search for a new CFO. Hoff will continue to consult with Auddia during the transition to ensure stability. Auddia confirmed that it will meet all Q3 SEC filing deadlines without disruptions. The company continues to innovate in audio engagement through its AI platform and offers unique podcast technologies.
Auddia Inc. (NASDAQ: AUUD, AUUDW) reported strong user metrics, with subscription conversion rates surpassing expectations—first at 8.5% against a 5% target. Costs-per-install (CPI) are nearing $2, indicating improved user adoption. The company ranks in the top 10% of music and entertainment apps for retention. By the end of 2022, Auddia plans to launch faidrRadio and continue integrating podcasts, enhancing user experience. Auddia's innovative technology allows listeners to control AM/FM radio experiences, positioning the company favorably against legacy streaming services.
Auddia Inc. (NASDAQ:AUUD, AUUDW) announced a significant leap in its faidr mobile app, with the application of its advanced AI algorithm to 88% of radio stations, up from 10%. This was achieved by the end of July 2022. The company plans to apply the AI algorithm to the remaining 12% by the end of Q3. Improvements are expected to enhance listener experience and subscription conversion rates. Furthermore, Auddia will disclose initial subscription conversion rates and 2023 revenue guidance in its upcoming Q3 10Q filing.
Auddia Inc. (NASDAQ:AUUD, AUUDW) reported strong Q2 2022 results for its faidr mobile app, achieving over 80,000 downloads with a cost-per-install under $3 and exceeding 40,000 monthly active users. Management is focused on optimizing user experience through data analysis to enhance subscription conversion metrics, which they expect to align with or surpass industry leaders. Auddia plans to announce initial subscription conversion rates and 2023 revenue guidance with Q3 filings, with ongoing trials to assess user engagement and retention.
Auddia Inc. (NASDAQ: AUUD, AUUDW) has enhanced its AI platform to deliver a commercial-free experience on news, talk, and sports radio within the faidr app. This advancement allows users to hear DJ talk segments alongside music on various stations. Currently, 10% of stations are enabled, with plans for 80% by July 31 and full rollout by the end of Q3. The company anticipates announcing initial subscription conversion rates in Q3, building on a 49% increase in listening time following the introduction of faidrDJ.
Auddia Inc. (NASDAQ:AUUD, AUUDW) announced the successful introduction of its new feature, faidrDJ, resulting in a 49% increase in time spent listening on the faidr app. The company confirms that it will enable news, talk, and sports stations by the end of Q2 2022, alongside releasing key product enhancements aimed at boosting subscription conversions in July. The faidrDJ feature, voiced by Shelby Taylor, enhances user experience by transitioning between radio programming and faidr content during ad breaks. Auddia is committed to optimizing its app to maximize paid user conversion.
Auddia Inc. (NASDAQ:AUUD, AUUDW) has released a new investor presentation detailing user acquisition and usage metrics for its faidr and Vodacast platforms as of May 19, 2022.
Key metrics include:
- faidr: 42,230 installs, 30,000 monthly active users, $3.31 cost-per-install, 5,200+ radio stations.
- Vodacast: 17,393 installs, 3,699 monthly active users, 21% retention rate, and 94% feed engagement.
This highlights Auddia's progress in transforming audio engagement through innovative technologies.
