Loading...
•
Sep 30, 2024
Lindblad Expeditions Q3 2024 Earnings Report
Lindblad Expeditions reported a record third quarter with strong operating results across both fleet and expanded land experiences portfolio.
Key Takeaways
Lindblad Expeditions Holdings, Inc. reported a strong third quarter in 2024, with a 17% increase in total revenues to $206.0 million. Net income available to stockholders increased by $16.8 million, and Adjusted EBITDA increased by 35% to $45.8 million. The company also expanded its land-based portfolio with the acquisition of Wineland-Thompson Adventures.
Total revenues increased 17% to $206.0 million.
Net income available to stockholders increased $16.8 million.
Adjusted EBITDA increased 35% to $45.8 million.
Bookings to date for future travel increased 26% vs the same period in 2023.
Revenue by Segment
Forward Guidance
The Company’s current expectations for the full year 2024 are as follows: Tour revenues of $610 - $630 million and Adjusted EBITDA of $88 - $98 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
Loading earnings performance data...
Loading earnings reaction data...