Prairie Operating (PROP) reported a Q1 loss late Thursday of $2.16 per diluted share, narrowing from a loss of $3.49 a year earlier.

Four analysts polled by FactSet expected earnings of $0.15.

Revenue for the quarter ended March 31 was $83.4 million, up from $13.6 million a year earlier.

Four analysts surveyed by FactSet expected $87.8 million.

Shares of the company were down more than 10% in after-hours activity.