07:01 AM EDT, 05/12/2025 (MT Newswires) -- Orla Mining ( ORLA ) on Monday said its first-quarter adjusted earnings more than doubled on higher revenue.

Adjusted earnings surged to US$38.6 million, or US$0.12 per share, from US$16.8 million, or US$0.05 per share. The result beat the US$0.09 non-GAAP earnings per share consensus estimate compiled by FactSet.

Revenue also more than doubled to US$140.7 million from US$67.3 million, but missed the US$162.7 million consensus estimate compiled by FactSet.

Orla produced 47,759 ounces of gold, up from 33,223 ounces. The company raised its full-year 2025 gold production guidance to 280,000 to 300,000 ounces, up from the previous guidance of 110,000 to 120,000 ounces.