Bowlero Fiscal Q4 Swings to Net Loss, Revenue Rises; Fiscal 2025 Revenue Guidance Issued

MT Newswires Live

2024-09-05

Bowlero (BOWL) reported a fiscal Q4 net loss late Thursday of $62.2 million, swinging from net income of $146.2 million a year earlier.

Revenue for the quarter ended June 30 was $283.9 million, up from $239.4 million a year earlier. Analysts surveyed by Capital IQ expected $273.7 million.

The company said it expects fiscal year 2025 revenue of $1.22 billion to $1.28 billion. Analysts polled by Capital IQ are expecting $1.24 billion.

Shares of the company were more than 9% higher in after-hours activity.

Price: 11.80, Change: +1.01, Percent Change: +9.36

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