OneSpaWorld Reports First Quarter Fiscal 2021 Financial Results

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Go back to OneSpaWorld Reports First Quarter Fiscal 2021 Financial Results

OneSpaWorld Holdings Ltd. (OSW) Tops Q1 EPS by 3c, Revenues Beat

May 12, 2021 6:46 AM EDT

OneSpaWorld Holdings Ltd. (NASDAQ: OSW) reported Q1 EPS of ($0.17), $0.03 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $5.6 million versus the consensus estimate of $3.8 million.

First Quarter Ended March 31, 2021 Compared to March 31, 2020

Results of operations in the first quarter of 2021 compared to the first quarter of 2020 were materially adversely impacted by the global COVID-19 pandemic that resulted in cancellation of all of the Companys voyages and the closing of many destination resort health and wellness centers as of the end of the first quarter of 2020.

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