Norwegian Cruise Line Q4 2022 Earnings Report
Key Takeaways
Norwegian Cruise Line Holdings reported a GAAP net loss of $(482.5) million, or EPS of $(1.14), and an adjusted net loss of $(439.7) million, or adjusted EPS of $(1.04). Revenue increased to $1.5 billion compared to $487.4 million in Q4 2021. Occupancy reached approximately 87%. The company generated positive Adjusted Free Cash Flow of approximately $71 million.
Achieved Occupancy of approximately 87% in the fourth quarter, consistent with expectations.
Total revenue per Passenger Cruise Day was up approximately 23% as-reported and approximately 24% in Constant Currency versus 2019.
Generated positive Adjusted Free Cash Flow of approximately $71 million for the fourth quarter of 2022.
Entered the year with a record cumulative booked position of approximately 62% for full year 2023.
Norwegian Cruise Line
Norwegian Cruise Line
Forward Guidance
The Company also provided guidance for the first quarter and full year 2023, along with accompanying sensitivities.