RTTNews | Sep 10, 2021 10:42AM EDT

10:42 Friday, September 10, 2021 (RTTNews.com) - Dave & Buster's Entertainment, Inc. (PLAY) shares are rising on Friday morning trade, after the company reported a swing to profit in the second quarter.

The company reported quarterly net profit of $52.77 million or $1.07 per share, compared to loss of $58.60 million or $1.24 per share last year. Wall Street analysts were looking for earnings of $0.04 per share on revenue of $311.58 million.

Revenue for the quarter increased to $377.64 million from $50.83 million in the prior year.

For the third quarter, the company expects comparable store sales to be approximately in line with the quarter-to-date trends compared to third quarter 2019.

Currently, shares are at $37.65, up 6.25 percent from the previous close of $35.44 on a volume of 3,624,789. The shares have traded in a range of $13.01-$51.73 on a volume of 1,221,875.

Read the original article on RTTNews ( https://www.rttnews.com/3224857/dave-buster-s-gains-on-q2-earnings.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved