07:12 AM EST, 11/24/2025 (MT Newswires) -- Kraken Robotics ( KRKNF ) , which rose near 3% last Friday, said Monday that third-quarter net income and revenue both rose.

Net income rose to $3.3 million or $0.01 per share, from $1.6 million, or $0.01 per share in the prior year. The result met the consensus analyst estimate of $0.01 per share, according to FactSet.

Consolidated revenue jumped 60% to $31.3 million over the same period, missing the $34.5 million forecast. Kraken said growth was driven by record shipments of subsea batteries and synthetic aperture sonar to defense industry customers, organic growth in sub bottom imaging services, and the acquisition of 3D at Depth.