Lindblad Expeditions Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 28, 2024 at 07:30 am EST
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Lindblad Expeditions Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 125.36 million compared to USD 117.96 million a year ago. Net loss was USD 27.4 million compared to USD 32.18 million a year ago. Basic loss per share from continuing operations was USD 0.53 compared to USD 0.63 a year ago. Diluted loss per share from continuing operations was USD 0.53 compared to USD 0.63 a year ago.
For the full year, sales was USD 569.54 million compared to USD 421.5 million a year ago. Net loss was USD 45.61 million compared to USD 111.38 million a year ago. Basic loss per share from continuing operations was USD 0.94 compared to USD 2.23 a year ago. Diluted loss per share from continuing operations was USD 0.94 compared to USD 2.23 a year ago.
Lindblad Expeditions Holdings, Inc. is an expedition travel company. It is focused on ship-based voyages through its Lindblad Expeditions brand and land-based travel through its subsidiaries, Natural Habitat, Inc. (Natural Habitat), Off the Beaten Path LLC (Off the Beaten Path), DuVine Cycling + Adventure Co. (DuVine) and Classic Journeys, LLC (Classic Journeys). Its segments include Lindblad and Land Experiences. The Lindblad segment includes ship-based expeditions aboard customized, nimble and intimately scaled vessels that are designed for discovery, enabling it to venture where larger cruise ships cannot, thereby allowing Lindblad to offer up-close experiences in the planetâs wild and remote places and capitals of culture. The Land Experiences segment includes land-based adventure brands, providing tours, trips and journeys centered around nature and culture. The Land Experiences includes four land-based brands: Natural Habitat, DuVine, Off the Beaten Path and Classic Journeys.
LINDBLAD EXPEDITIONS HOLDINGS, INC. 
