06:16 AM EST, 03/07/2024 (MT Newswires) -- (Updates with the stock move in the headline and first paragraph.)

Rush Street Interactive's ( RSI ) shares soared more than 25% in premarket Thursday after the company reported surprise earnings in Q4 as revenue jumped from a year earlier.

The company reported Q4 adjusted earnings late Wednesday of $0.01 per diluted share, compared with a loss of $0.11 a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.04.

Revenue for the quarter ended Dec. 31 was $193.9 million, up from $165.5 million a year earlier. Analysts polled by Capital IQ expected $178.8 million.

The company said it expects full-year 2024 revenue of between $770 million and $830 million. Analysts in a Capital IQ poll expect $759.3 million.

Price: 6.76, Change: +1.37, Percent Change: +25.42