Snap(US:SNAP) 智通财经网·2025-11-06 14:21Core Viewpoint - Snap Inc experienced a significant stock increase of over 18%, closing at $8.63, following a better-than-expected third-quarter earnings report [1] Financial Performance - Third-quarter revenue grew by 10% year-over-year to $1.51 billion, slightly exceeding analyst expectations [1] - Net loss narrowed to $104 million, compared to a net loss of $153 million in the same period last year, and significantly better than the anticipated loss of over $200 million [1] - The company forecasts fourth-quarter revenue to be between $1.68 billion and $1.71 billion, with a midpoint of $1.695 billion, slightly above Wall Street's expectation of $1.69 billion [1] - Adjusted EBITDA for the fourth quarter is expected to range from $280 million to $310 million, surpassing the StreetAccount forecast of $255.4 million [1] Strategic Developments - Snap announced a $400 million partnership with AI startup Perplexity, which will be paid through a combination of cash and equity over one year [1] - This partnership is expected to provide Snap with a new revenue stream, as its advertising business has faced pressure from well-funded competitors like Meta [1]