SoundHound AI is trading 13.5% up at $7.38 after reporting record second-quarter revenue and raising its long-term financial outlook.
- The company posted Q2 revenue of $61.9 million, up 45% year-over-year and exceeding analyst expectations.
- GAAP net loss per share came in at $(0.10), which was narrower than the loss anticipated by the market.
- Management raised its full-year 2026 revenue guidance, signaling increased confidence in the company's growth trajectory.