OneSpaWorld Q2 revenue rises 12% to $224.9 million; raises 2024 guidance
OneSpaWorld reported second-quarter 2024 revenue of $224.9 million, up 12% from a year earlier, and net income of $15.8 million, or $0.15 per diluted share, compared with a net loss a year earlier. The company raised its fiscal 2024 revenue and adjusted EBITDA guidance and adopted an annual cash dividend program, with an initial quarterly payment of $0.04 per share.
Key points
- Q2 2024 total revenues were $224.9 million, up from $200.5 million; net income was $15.8 million, or $0.15 per diluted share, versus a net loss of $3.2 million a year earlier.
- Fiscal 2024 revenue guidance raised to $870-$890 million from $860-$880 million; adjusted EBITDA guidance raised to $102-$108 million from $95-$105 million.
- Board adopted an annual cash dividend program; the first quarterly dividend of $0.04 per share is payable September 4, 2024 to holders of record on August 21, 2024.
- Cash totaled $63.7 million at June 30, 2024 after repaying $15.0 million of its first lien term loan; total debt was $123.8 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits 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 July 31, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.