Cheetah Net shares surge 36.47% after hours on 491.3% logistics revenue jump and cost-cutting measures despite impairment and net loss.

Cheetah Net Supply Chain Service Inc. surged 36.47% in after-hours trading following its Q3 2025 earnings report, which highlighted a 491.3% year-over-year revenue jump to $361,935 driven by logistics and warehousing operations. Despite a $1.3 million operating loss and a $731,307 goodwill impairment, the report emphasized cost-cutting measures (27.3% drop in G&A expenses) and a 176.7% rise in interest income from prior public offering proceeds. The CEO noted ongoing trade tensions but highlighted proactive steps to optimize operations and stabilize cash flows. Investors likely reacted positively to the revenue surge and improved cost control, overshadowing the net loss, while the after-hours release amplified the immediate price reaction.