Shares of OneSpaWorld Holdings Limited (OSW) are soaring 5.75% in pre-market trading on Wednesday, following the release of impressive second-quarter results that exceeded analyst expectations and an optimistic outlook for the remainder of the year.

The company reported Q2 2025 adjusted earnings per share of $0.25, surpassing the consensus estimate of $0.24. Revenues for the quarter came in at $240.7 million, beating analyst projections of $238.3 million and marking a 7% increase from the same period last year. The strong performance was attributed to a 4% increase in average guest spend, a 1% increase in revenue days, and fleet expansion.

Adding to the positive sentiment, OneSpaWorld reaffirmed its fiscal 2025 revenue guidance of $950 million to $970 million and increased its annual adjusted EBITDA guidance. The company also introduced an upbeat Q3 2025 outlook, expecting total revenues between $255 million and $260 million. Further bolstering investor confidence, William Blair analyst Sharon Zackfia reiterated a Buy rating on OneSpaWorld Holdings, underscoring the company's strong market position and growth potential.