Snap Inc. (NYSE:SNAP) saw a 9.73% jump on Thursday, closing at $8.01 per share after reporting a 32% decrease in net loss to $103.5 million and a 9.8% increase in revenue to $1.5 billion. Advertising revenue rose by 8%, and other revenues, including Snapchat+ subscriptions, increased by 54%. Adjusted EBITDA also rose by 38% to $182 million. Looking ahead, Snap Inc. expects fourth-quarter revenues of $1.68 billion to $1.71 billion and adjusted EBITDA of $280 million to $310 million. The company also announced a $500 million share repurchase plan.

Read more at Yahoo Finance: Snap (SNAP) Soars 9.7% on Q3 Blowout, Upbeat Outlook