Lindblad Expeditions Holdings, Inc. Reports 2018 Third Quarter F
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SOURCE Lindblad Expeditions Holdings, Inc.
NEW YORK, Nov. 2, 2018 /PRNewswire/ --
Third Quarter 2018 Highlights:
- Tour revenues of $87.2 million
- Net income available to common stockholders of $5.1 million
- Adjusted EBITDA of $17.1 million
- Lindblad segment Net Yield of $983 and Occupancy of 92%
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the "Company" or "Lindblad"), a global provider of expedition cruises and adventure travel experiences, today reported financial results for the quarter ended September 30, 2018.
Sven-Olof Lindblad, President and Chief Executive Officer, said "Lindblad continues to generate strong operating momentum across our fleet with expanding capacity being met by the growing demand for high quality and authentic expedition travel. Bookings for future travel have been robust throughout 2018 and have accelerated over the past few months as we are generating strong demand for our existing inventory, as well as our three new builds. The National Geographic Quest just completed her first year of operations and we are excited to welcome guests on her sister ship, the National Geographic Venture, next month. At the same time, we are well underway on the construction of our state....