2023-07-27 07:36:56 ET
- Lindblad Expeditions press release ( NASDAQ: LIND ): Q2 GAAP EPS of -$0.48 misses by $0.15 .
- Revenue of $124.8M (+37.3% Y/Y) beats by $3.75M .
- Lindblad segment Available Guest Nights increased 34%
- Net Yield per Available Guest Night increased 5% to $1,034 and Occupancy was 74%
- Strong reservations for future travel with bookings for 2023 43% ahead of bookings for 2019 at the same point in 2019
- Further increased financial flexibility through issuance of $275.0 million new senior secured notes.
- 2023 Outlook: Tour revenues of $550 - $575 million
- Adjusted EBITDA of $70 - $80 million.
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Lindblad Expeditions GAAP EPS of -$0.48 misses by $0.15, revenue of $124.8M beats by $3.75M