MARA (MARA) reported Q3 net income Tuesday of $0.27 per diluted share, swinging from a loss of $0.42 a year earlier.

Four analysts polled by FactSet expected EPS of $0.11.

Revenue for the quarter ended Sept. 30 was $252.4 million, up from $131.6 million a year earlier.

Analysts surveyed by FactSet expected $251.7 million.

Shares of the company were down 1.9% in recent premarket activity.