Onespaworld Holdings Increases Fiscal 2024 Revenues Guidance To $888M-$893M From $870M-$890M (Estimate: $887.81M); Boosts Adjusted EBITDA Guidance To $110M-$112M From $102M-$108M
Portfolio Pulse from Benzinga Newsdesk
Onespaworld Holdings has increased its fiscal 2024 revenue guidance to $888M-$893M from the previous $870M-$890M, surpassing the estimate of $887.81M. Additionally, the company has raised its adjusted EBITDA guidance to $110M-$112M from $102M-$108M.
October 30, 2024 | 10:53 am
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Onespaworld Holdings has revised its fiscal 2024 revenue guidance upwards to $888M-$893M, exceeding the previous range and market estimate. The company also increased its adjusted EBITDA guidance, indicating strong financial performance expectations.
The upward revision of both revenue and adjusted EBITDA guidance suggests that Onespaworld Holdings is performing better than expected. This positive financial outlook is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100