Hut 8 Q4 Net Income Increases, Revenue Falls-March 2024-www.financetom.com

Hut 8 Q4 Net Income Increases, Revenue Falls

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Hut 8 Q4 Net Income Increases, Revenue Falls

Mar 3, 2025 4:29 AM

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.

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