05:12 AM EDT, 04/03/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Dave & Buster's Entertainment (PLAY) shares rose more than 7% in recent premarket activity on Wednesday after the company reported higher fiscal Q4 adjusted earnings and sales.

The company reported fiscal Q4 adjusted earnings late Tuesday of $1.03 per diluted share, up from $0.85 a year earlier.

Analysts surveyed by Capital IQ expected $1.11.

Revenue for the quarter ended Feb. 4 was $599.1 million, up from $563.8 million a year earlier.

Analysts surveyed by Capital IQ expected $602.6 million.

Price: 66.35, Change: +4.44, Percent Change: +7.17