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Sep 30, 2021
XpresSpa Q3 2021 Earnings Report
XpresSpa Group achieved record quarterly financial results.
Key Takeaways
XpresSpa Group reported record quarterly revenue of $26.8 million and net income of $5.6 million in Q3 2021, driven by strong performance of XpresCheck locations.
Generated record quarterly revenue of $26.8 million.
Achieved first ever quarter of profitability, with net income of $5.6 million.
XpresCheck's strong testing numbers, concurrent with the resumption of travel, have enabled XpresCheck to vastly surpass expectations.
Treat at JFK Terminal 4 is scheduled to open next month while Treat at Phoenix Sky Harbor is now scheduled during the first quarter next year.
Forward Guidance
The Company reiterated its long-term revenue target of $500 million by 2025.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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