07:20 AM EST, 11/17/2025 (MT Newswires) -- HIVE Digital Technologies ( HIVE ) , up 3.3% in pre-market trading, Monday reported a second-quarter net loss, but revenue surged and beat estimates.

The company reported a second-quarter net loss of US$15.8 million, compared with a net profit of $80,000 in the prior year period, on higher depreciation costs. Hive did not provide per share amounts.

Revenue jumped 285% to $87.3 million, beating the consensus analyst estimate of $80.9 million, according to FactSet.

Hive said the quarter marked the strongest dual-engine growth in its history, boosted by the rapid scale-out of its Bitcoin mining fleet to 16.2 EH/s by Sept. 30 and accelerating demand for BUZZ HPC services.

Hive shares are up $0.11, to $3.42, in New York trade.