12:05 PM EDT, 08/09/2024 (MT Newswires) -- Soho House ( SHCO ) shares were up 7% in recent Friday trading after the membership platform company's quarterly revenue topped analysts' estimates.

The company reported a fiscal Q2 net loss of $0.17 per share, widening from a loss of $0.01 a year earlier. Analysts polled by Capital IQ expected a loss of $0.11 per share.

Revenue for the quarter ended June 30 was $305.2 million, up from $288.9 million a year earlier. Four analysts surveyed by Capital IQ expected $303.8 million.

The company reaffirmed its fiscal 2024 revenue guidance of $1.20 billion to $1.25 billion. Analysts forecast $1.22 billion.

Price: 5.19, Change: +0.34, Percent Change: +7.01