OneSpaWorld Reports Second Quarter 2019 Financial Results

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Go back to OneSpaWorld Reports Second Quarter 2019 Financial Results

OneSpaWorld Holdings Ltd. (OSW) Reports In-Line Q2 EPS; FY19 EPS Guidance Below Consensus, FY19 Revenue Mid-Point Guidance Above Consensus

August 7, 2019 6:52 AM EDT

OneSpaWorld Holdings Ltd. (NASDAQ: OSW) reported Q2 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $140 million versus the consensus estimate of $140.29 million.

Second Quarter 2019 Highlights:

Total revenues increased 4% to $140 million compared to $135 million in the second quarter of fiscal 2018.Net income attributable to OneSpaWorld increased 36% to $3.6 million compared to $2.7 million in the second quarter of fiscal 2018.Adjusted net income increased 15% to $8.4 million compared to $7.3 million in the second quarter of fiscal 2018.Adjusted net income per diluted share is $0.12 based on 72.0 million diluted shares... More