OneSpaWorld Q3 revenue rises 33% to $216.3 million; raises fiscal 2023 guidance
OneSpaWorld reported third quarter 2023 total revenues of $216.3 million, up 33% from $162.3 million a year earlier, with income from operations of $17.0 million and net income of $23.4 million. The company raised its fiscal 2023 revenue guidance to $792 million to $797 million and its adjusted EBITDA guidance to $86 million to $88 million, which signals improved expectations for shareholders.
Key points
- Q3 2023 total revenues $216.3 million, up 33% from $162.3 million; adjusted EBITDA $24.9 million, up 36%
- Q3 net income $23.4 million, or $0.16 per diluted share, versus $5.9 million, or $0.06, a year earlier; the quarter included a $7.4 million gain from warrant liability fair value changes
- Fiscal 2023 revenue guidance raised to $792 million to $797 million from $770 million to $790 million; adjusted EBITDA guidance raised to $86 million to $88 million from $80 million to $86 million
- Quarter-end total liquidity of $48.0 million after repaying $20.0 million on the first lien term loan
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 01, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.