OneSpaWorld Holdings Limited Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2020; Reports Goodwill and Trade Name Impairment Charges for the First Quarter Ended March 31, 2020
May 13, 2020 at 06:45 am
Share
OneSpaWorld Holdings Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2020. For the quarter, the company announced total revenue was $114,307,000 compared to $137,466,000 a year ago. Loss from operations was $193,146,000 compared to $36,219,000 a year ago. Net loss was $198,662,000 compared to $47,360,000 a year ago. Basic and diluted loss per share was $3.25 compared to $0.37 a year ago.
The company reported Goodwill and trade name impairment charges of $190,777,000.
OneSpaWorld Holdings Limited is a health and wellness services company. The Company provides health, fitness, beauty and wellness services and sells related products, and operates on approximately 195 cruise ships and at 50 destination resorts around the world. Its services include traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes and personal fitness training; pain management, detoxifying programs and comprehensive body composition analyses; weight management programs and products, and advanced medi-spa services, among others. The Company offers its guests access to beauty and wellness brands including ELEMIS, Kerastase, BOTOX Cosmetic, Dysport, Restylane, Perlane, Thermage, CoolSculpting, truSculpt 3D and truSculpt iD, among others. It operates spas, salons and fitness centers on various cruise lines, such as Costa Cruises, Norwegian Cruise Line, Regent Seven Seas Cruises and Seabourn Cruise Line, among others.
OneSpaWorld Holdings Limited Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2020; Reports Goodwill and Trade Name Impairment Charges for the First Quarter Ended March 31, 2020
ONESPAWORLD HOLDINGS LIMITED 
