- OneSpaWorld Holdings Ltd OSW reported second-quarter FY22 sales of $127.38 million, beating the consensus of $112.58 million. It reported $9.15 million in revenue last year.
- Total operating expenses shot up to $126.4 million versus $26.1 million the previous year.
- The operating margin was 0.8%, and operating income for the quarter was $1.02 million.
- The company held $33.9 million in cash and equivalents as of June 30, 2022.
- Adjusted EBITDA for the quarter was $9.1 million versus an adjusted EBITDA loss of $(9.7) million last year.
- Adjusted EPS of $0.04 beat the analyst consensus of $0.02.
- Price Action: OSW shares are trading higher by 10.99% at $8.48 on the last check Wednesday.
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