04:47 PM EST, 12/10/2024 (MT Newswires) -- Dave & Buster's Entertainment (PLAY) late Tuesday reported fiscal Q3 adjusted loss of $0.45, swinging from a profit of $0.01 a year earlier.

Analysts polled by FactSet expected a loss of $0.36.

Revenue for the quarter ended Nov. 5 was $453 million, down from $466.9 million a year earlier.

Analysts surveyed by FactSet expected $463.7 million.

The company also said Chris Morris has resigned as chief executive and director to pursue other interests, and Kevin Sheehan, current Chair of the board, will serve as interim CEO.

Dave & Buster's shares were down 10% in recent after-hours activity.