diff --git a/_service b/_service
index abe614b..a41f04e 100644
--- a/_service
+++ b/_service
@@ -2,7 +2,7 @@
   <service name="obs_scm" mode="disabled">
     <param name="url">https://github.com/jstasiak/python-zeroconf</param>
     <param name="scm">git</param>
-    <param name="revision">0.38.6</param>
+    <param name="revision">0.38.7</param>
     <param name="versionformat">@PARENT_TAG@</param>
     <param name="versionrewrite-pattern">(.*)</param>
   </service>
diff --git a/python-zeroconf-0.38.6.obscpio b/python-zeroconf-0.38.6.obscpio
deleted file mode 100644
index 282f249..0000000
--- a/python-zeroconf-0.38.6.obscpio
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:ab41bab4aad5601882572c4601dec411693a0c18419998a94db18714cfdf734c
-size 683532
diff --git a/python-zeroconf-0.38.7.obscpio b/python-zeroconf-0.38.7.obscpio
new file mode 100644
index 0000000..abddf8c
--- /dev/null
+++ b/python-zeroconf-0.38.7.obscpio
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:da5215ddcc80e0dbcc77265c8929b74c8ebd70efd3782d8a487b360a2351c90c
+size 683532
diff --git a/python-zeroconf.changes b/python-zeroconf.changes
index 79937e3..d26db39 100644
--- a/python-zeroconf.changes
+++ b/python-zeroconf.changes
@@ -3,6 +3,12 @@ Sat Jun 25 15:21:12 UTC 2022 - Antoine Belvire <antoine.belvire@opensuse.org>
 
 - Ignore flakey test (gh#jstasiak/python-zeroconf#1077).
 
+-------------------------------------------------------------------
+Wed Jun 22 20:45:56 UTC 2022 - Yogalakshmi Arunachalam <yarunachalam@suse.com>
+
+- update to 0.38.7: 
+  * Performance improvements for parsing incoming packet data (#1076) @bdraco
+
 -------------------------------------------------------------------
 Sat Jun  4 12:14:38 UTC 2022 - Dirk Müller <dmueller@suse.com>
 
diff --git a/python-zeroconf.obsinfo b/python-zeroconf.obsinfo
index 4a3d8ad..ec99134 100644
--- a/python-zeroconf.obsinfo
+++ b/python-zeroconf.obsinfo
@@ -1,4 +1,5 @@
 name: python-zeroconf
-version: 0.38.6
-mtime: 1651864316
-commit: 1aa7842ae0f914c10465ae977551698046406d55
+version: 0.38.7
+mtime: 1655228959
+commit: f3a9f804914fec37e961f80f347c4e706c4bae33
+
diff --git a/python-zeroconf.spec b/python-zeroconf.spec
index e5b6c56..8250f57 100644
--- a/python-zeroconf.spec
+++ b/python-zeroconf.spec
@@ -20,7 +20,7 @@
 %define skip_python2 1
 %define skip_python36 1
 Name:           python-zeroconf
-Version:        0.38.6
+Version:        0.38.7
 Release:        0
 Summary:        Pure Python Multicast DNS Service Discovery Library (Bonjour/Avahi compatible)
 License:        LGPL-2.0-only