10:32 AM EDT, 07/31/2024 (MT Newswires) -- OneSpaWorld ( OSW ) shares were adding 0.7% in recent Wednesday trading after the company's Q2 revenue increased and came in ahead of analysts' estimates.

The company reported Q2 adjusted earnings Wednesday of $0.20 per diluted share, up from $0.15 a year earlier. Analysts polled by Capital IQ expected $0.20.

Revenue for the quarter ended June 30 was $224.9 million, up from $200.5 million a year earlier. Analysts surveyed by Capital IQ expected $220.7 million.

The company said it expects Q3 revenue between $235 million and $240 million. Analysts polled by Capital IQ expect Q3 revenue of $232.4 million.

For the full-year 2024, revenue guidance was increased to a range of $870 to $890 million from a prior range of $860 to $880 million previously.

Analysts polled by Capital IQ expected 2024 revenue of $875.8 million.

Price: 16.91, Change: +0.13, Percent Change: +0.77