08:20 AM EDT, 05/06/2024 (MT Newswires) -- Bowlero ( BOWL ) reported fiscal Q3 earnings Monday of $0.13 per dilute share, swinging from a net loss of $0.22 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.23.

Revenue for the quarter ended March 31 was $337.7 million, up from $315.7 million a year earlier.

Analysts surveyed by Capital IQ expected $340.9 million.

Bowlero ( BOWL ) said it now expects to be near the low end of its fiscal 2024 revenue and adjusted Ebitda guidance.

The company said it has maintained a quarterly dividend of $0.055 per share, payable June 7 to stockholders of record on May 24.

Shares of the company were down more than 10% in recent Monday premarket activity.

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