eToro (ETOR) reported Q1 adjusted earnings Tuesday of $0.91 per diluted share, up from $0.77 a year earlier.

Three analysts polled by FactSet expected $0.71.

Revenue for the quarter ended March 31 was $2.44 billion, down from $3.76 billion a year earlier.

Shares of the company were up 6.3% in Tuesday's premarket activity.