Cronos Group (CRON) reported a Q1 net income Monday of $0.04 per diluted share, up from $0.02 a year earlier.

Two analysts polled by FactSet expected $0.01.

Net revenue for the quarter ended March 31 was $45.2 million, up from $32.3 million a year earlier.

Three analysts surveyed by FactSet expected $42.2 million.

Cronos Group shares were up 9.8% in premarket activity Monday.