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OneSpaWorld: Q2 Earnings Snapshot

OneSpaWorld: Q2 Earnings Snapshot

By AP News
Published - Jul 31, 2024, 08:47 AM ET
Last Updated - Jul 31, 2024, 08:47 AM EDT

NASSAU, Bahamas (AP) — NASSAU, Bahamas (AP) — OneSpaWorld Holdings Limited (OSW) on Wednesday reported second-quarter net income of $15.8 million.

The Nassau, Bahamas-based company said it had net income of 15 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 20 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 20 cents per share.

The company posted revenue of $224.9 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $220.6 million.

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