OneSpaWorld reports Q3 adjusted EPS 29c, consensus 29c

Reports Q3 revenue $258.5M, consensus $258.63M. Leonard Fluxman, Executive Chairman and CEO, commented: “We delivered a record Q3 at the high end of our guidance, marking our 18th consecutive quarterly period of year-over-year growth in Total Revenues and Adjusted EBITDA. Our ongoing positive performance demonstrates the power of our complex global operating platform and our team’s unwavering commitment to deliver exceptional experiences for our guests and outstanding performance for our cruise line and destination resort partners. Our execution of our asset-light business model continues to generate strong free cash flow, enabling us to create significant value for shareholders through an increasing quarterly dividend, share repurchases, accelerated debt paydown, and strategic investments across our operations.”