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Jun 30, 2023
Lindblad Expeditions Q2 2023 Earnings Report
Lindblad Expeditions reported strong year-over-year growth, driven by the ramp-up of operations and increased interest in experiential travel.
Key Takeaways
Lindblad Expeditions Holdings, Inc. reported a 37% increase in total revenues to $124.8 million for the second quarter of 2023. The company's net loss available to stockholders improved by $4.5 million, and Adjusted EBITDA increased by $12.4 million to $6.2 million. Strong reservations for future travel with bookings for 2023 43% ahead of bookings for 2019.
Total revenues increased 37% to $124.8 million.
Net loss available to stockholders improved $4.5 million.
Adjusted EBITDA increased $12.4 million to $6.2 million.
Lindblad segment Available Guest Nights increased 34%.
Revenue by Segment
Forward Guidance
The Company’s current expectations for the full year 2023 are as follows: Tour revenues of $550 - $575 million and Adjusted EBITDA of $70 - $80 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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