SoundHound AI, Inc (NASDAQ:SOUN) reported financial results for the second quarter after the market close on Wednesday.

Here's a rundown of the report.

SoundHound AI stock is surging to new heights today.

Why is SOUN stock up today?

SoundHound Reports Strong Q2 Results SoundHound reported second-quarter revenue of $61.90 million, beating the consensus estimate of $52.39 million.