Iren (IREN) reported fiscal Q1 net income late Thursday of $384.6 million, swinging from a loss of $51.7 million a year ago.
Revenue for the quarter ended Sept. 30 was $240.3 million, up from $52.8 million a year earlier.
Analysts surveyed by FactSet expected $241.4 million.
Shares of the company were up 2% in extended trading.