$SOUN Crushes Q2 Estimates and Raises Full-Year Guidance 🚀

SoundHound AI delivered a strong Q2 beat:
Revenue: $61.9M vs. $52.4M estimated, up 45% YoY
Adjusted EPS: -$0.02 vs. -$0.06 estimated
Gross margin: 45.1%
Cash and equivalents: $203M , with no debt
$SOUN raised its FY2026 revenue outlook to $230M–$260M , compared with the $232M consensus estimate.
Management highlighted accelerating global demand for voice and agentic AI while maintaining cost discipline and working toward profitable growth.