08:57 AM EDT, 08/07/2025 (MT Newswires) -- Hut 8 ( HUT ) reported Q2 net income Thursday of $1.18 per diluted share, compared with a loss of $0.78 a year earlier.

Analysts surveyed by FactSet expected a loss of $0.07.

Revenue for the quarter ended June 30 was $41.3 million, up from $35.2 million a year earlier.

Analysts surveyed by FactSet expected $48.6 million.

Hut 8 ( HUT ) shares were up more than 2% in recent premarket activity Thursday.