XWELL Q1 2023 Earnings Report

XWELL EPS Results

• Actual EPS: -$1.40
• Consensus EPS: -$2.60
• Beat/Miss: Beat by +$1.20
• One Year Ago EPS: N/A

XWELL Revenue Results

• Actual Revenue: $7.06 million
• Expected Revenue: $7.38 million
• Beat/Miss: Missed by -$320.00 thousand
• YoY Revenue Growth: N/A

XWELL Announcement Details

• Quarter: Q1 2023
• Date: 5/15/2023
• Time: N/A

XWELL (NASDAQ:XWEL) provides health and wellness services in airport and off airport marketplaces in the United States and internationally. It operates in four segments: XpresSpa, XpresTest, Naples Wax Center, and Treat. The XpresSpa segment traveler's spa services, including massage, nail, and skin care services, as well as spa and travel products. The XpresTest segment offers diagnostic COVID-19 tests at XpresCheck Wellness Centers in airports, to airport employees and to the traveling public but has transitioned to the CDC's bio-surveillance program; and provides marketing support through HyperPointe business to various health and health-related channels. The Napple Wax Center segment offers skincare and cometic products, as well as face and body waxing services. The Treat segment provides access to wellness services for travelers at on-site centers, consisting of self-guided yoga, meditation, and low impact weight exercises programs. The company offers its services through stores, kiosks, and online. The company was formerly known as XpresSpa Group, Inc. and changed its name to XWELL, Inc. in October 2022. XWELL, Inc. is based in New York, New York.