Agora shares surge 16.31% intraday after Q3 earnings show 12% revenue growth, strong core business recovery, and new AI investments.

Agora surged 16.31% intraday, driven by its Q3 earnings report showing $35.37 million in revenue (12.0% YoY growth) and $2.7 million net profit under GAAP, marking four consecutive profitable quarters. The company reported a strong rebound in its core real-time audio/video cloud business, with annual service minutes exceeding 10 billion for the first time, alongside increased investment in conversational AI, including new products like the Conversational AI Engine 2.0 and AI Studio, which received positive customer feedback. Agora also provided Q4 revenue guidance of $37-38 million (7.2%-10.1% YoY growth).