04:27 PM EDT, 06/12/2024 (MT Newswires) -- Dave & Buster's Entertainment (PLAY) reported fiscal Q1 adjusted earnings Wednesday of $1.12 per diluted share, down from $1.52 a year earlier.

Analysts surveyed by Capital IQ expected $1.70.

Revenue for the quarter ended May 5 was $588.1 million, down from $597.3 million a year earlier.

Analysts surveyed by Capital IQ expected $615.9 million.

The company said it repurchased 1 million shares for $50 million so far this year and has $150 million remaining on its share buyback authorization.

The shares of the company were down 11.6% in after-hours activity.

Price: 44.50, Change: -5.85, Percent Change: -11.62