SoundHound AI is trading 18.58% up now at $7.72 after reporting record second-quarter revenue and a narrower-than-expected adjusted loss.
- Second-quarter revenue reached $61.9 million, up 45% year over year.
- Management raised fiscal 2026 revenue guidance to $230 million–$260 million from $225 million–$260 million, lifting the floor and placing the midpoint above consensus.
- The sharp early-session gain reflects a direct earnings reaction despite mixed broader technology-market sentiment.