diff --git a/action_cable.gemspec b/action_cable.gemspec
index 4f252d4b1e..714256a73e 100644
--- a/action_cable.gemspec
+++ b/action_cable.gemspec
@@ -1,7 +1,7 @@
 Gem::Specification.new do |s|
   s.platform = Gem::Platform::RUBY
   s.name = 'action_cable'
-  s.version = '0.0.2'
+  s.version = '0.0.3'
   s.summary = 'Framework for websockets.'
   s.description = 'Action Cable is a framework for realtime communication over websockets.'
 
diff --git a/lib/action_cable.rb b/lib/action_cable.rb
index 3352453491..1926201f1f 100644
--- a/lib/action_cable.rb
+++ b/lib/action_cable.rb
@@ -17,7 +17,7 @@ require 'em-hiredis'
 require 'action_cable/engine' if defined?(Rails)
 
 module ActionCable
-  VERSION = '0.0.1'
+  VERSION = '0.0.3'
 
   autoload :Channel, 'action_cable/channel'
   autoload :Worker, 'action_cable/worker'