OneSpaWorld: Q1 Earnings Snapshot
By AP News
Published - May 03, 2023, 06:54 AM ET
Last Updated - Jun 21, 2023, 11:33 PM EDT
NASSAU, Bahamas (AP) — NASSAU, Bahamas (AP) — OneSpaWorld Holdings Limited (OSW) on Wednesday reported a loss of $15.9 million in its first quarter.
The Nassau, Bahamas-based company said it had a loss of 17 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 13 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The company posted revenue of $182.5 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $172.6 million.
