07:11 AM EST, 03/03/2025 (MT Newswires) -- Hut 8 ( HUT ) reported Q4 net income Monday of $152.2 million, up from $10.6 million a year earlier.

Analysts polled by FactSet expected $3.5 million.

Revenue for the quarter ended Dec. 31 was $31.7 million, up from $38.9 million a year earlier. Analysts surveyed by FactSet expected $38.4 million.

Hut 8 ( HUT ) shares were up nearly 14% in recent premarket activity.