OneSpaWorld Holdings Limited Common Shares - OSW STOCK NEWS

OneSpaWorld Holdings Limited (NASDAQ: OSW) reported strong financial results for Q2 2022, achieving net revenues of $127.4 million, a significant increase over $9.2 million in Q2 2021. The company generated positive cash flow from operations of $4.9 million and ended the quarter with total liquidity of $46.9 million. Operations resumed on 167 cruise ships, with expectations to reach 173 ships by Q3's end. The company anticipates continued revenue growth and positive adjusted EBITDA through fiscal year 2022, bolstered by a strong recovery post-pandemic.

OneSpaWorld Holdings Limited (NASDAQ: OSW) will announce its Second Quarter Fiscal 2022 earnings on August 3rd before market open. A conference call will take place at 10:00 am ET to discuss the results. The company operates health and wellness services on 173 cruise ships and in 51 destination resorts, providing premium services and products. OneSpaWorld has positioned itself as a leader in the cruise line industry, built on exceptional service and a history of innovation in personal care.

OneSpaWorld Holdings Limited (NASDAQ: OSW) will host a virtual fireside chat at the Jefferies Consumer Conference on June 20, 2022, starting at 8:00 a.m. Eastern Time. Leonard Fluxman, Executive Chairman and CEO, along with CFO Stephen Lazarus, will present. The event will be accessible via the Investor Relations section on the company's website. OneSpaWorld is a leading global provider of health and wellness services, operating on 172 cruise ships and at 51 resorts worldwide, built on over 65 years of service excellence.

OneSpaWorld Holdings Limited (NASDAQ: OSW) announced it will participate in the Cowen 6th Annual Future of the Consumer Conference in New York on May 24, 2022, at 1:50 p.m. ET. The Executive Chairman and CEO, Leonard Fluxman, along with CFO Stephen Lazarus, will host a fireside chat presentation. Interested investors can access the live webcast via the Investor Relations section on OneSpaWorld's website, highlighting its position as a leader in health and wellness services across 171 cruise ships and 51 resorts globally.

OneSpaWorld Holdings Limited (NASDAQ: OSW) reported net revenues of $87.7 million for Q1 2022, a significant increase from $5.6 million in Q1 2021. Despite the ongoing impacts of the Omicron variant, the company demonstrated a cash burn rate of $1.9 million, better than guidance. Total liquidity stands at $44 million.

Operating on 170 cruise ships and expecting to reach 174 by Q3 2022, OneSpaWorld aims for continued revenue growth and positive adjusted EBITDA through the remainder of 2022.

OneSpaWorld Holdings Limited (NASDAQ: OSW) will release its First Quarter Fiscal 2022 earnings on Wednesday, May 4th, before market open. A conference call will follow at 11:00 am ET to discuss the quarterly results. The call can be accessed through the Investor Relations section of OneSpaWorld's website. OneSpaWorld, headquartered in Nassau, Bahamas, is a leading provider of health and wellness services aboard cruise ships and at destination resorts, operating on 171 cruise ships and at 51 resorts worldwide.

OneSpaWorld Holdings Limited (NASDAQ: OSW) reported significant revenue growth in Q4 2021, totaling $85.7 million, compared to $3.8 million in Q4 2020. The company achieved positive adjusted EBITDA of $4.8 million, marking a return to profitability post-pandemic. Cash burn was $5.3 million, better than expectations. They ended 2021 with liquidity of $46 million and anticipate operations resuming on all contracted ships by Q3 2022. The impact of the Omicron variant moderated performance trends but is expected to improve in 2022, with plans to operate wellness centers on 167 ships by mid-year.

OneSpaWorld Holdings Limited (NASDAQ: OSW) will release its Fourth Quarter and Fiscal Year 2021 earnings on March 2nd before market open. The company will host a conference call at 10:00 am ET on the same day to discuss the results. As a leading global provider of health and wellness services, OneSpaWorld operates aboard 168 cruise ships and at 51 destination resorts. The earnings report is anticipated as an indicator of the company's financial performance and business outlook in the evolving leisure market.

OneSpaWorld Holdings Limited (NASDAQ: OSW) announced preliminary fourth-quarter fiscal 2021 revenue expectations between $83 million and $86 million, significantly up from $43.6 million in Q3. The company noted a cash burn rate projected at $5.0 million to $7.0 million, improved from earlier estimates. December 2021 saw positive cash flow from operations, and the company anticipates continued positive cash flow moving forward. This update coincides with investor meetings and a presentation at the ICR Conference on January 10, 2022.