09:11 AM EDT, 04/30/2025 (MT Newswires) -- OneSpaWorld Holdings ( OSW ) reported Q1 adjusted net income Wednesday of $0.22 per diluted share, up from $0.19 a year earlier.

Analysts polled by FactSet expected $0.21.

Revenue for the quarter ended March 31 was $219.6 million, up from $211.2 million a year earlier.

Analysts surveyed by FactSet expected $219.1 million.

The company said it expects Q2 revenue of $235 million to $240 million. Analysts surveyed by FactSet expect $239 million.

The company reiterated its 2025 revenue guidance of $950 million to $970 million. Analysts polled by FactSet expect $948.8 million.

OneSpaWorld ( OSW ) said its board approved a new share repurchase program for up to $75 million of its common shares.

Shares were over 7% higher in recent premarket activity.