Lindblad Expeditions Holdings (LIND) Tops Q3 EPS by 2c

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Go back to Lindblad Expeditions Holdings (LIND) Tops Q3 EPS by 2c

Lindblad Expeditions Holdings, Inc. Reports 2016 Third Quarter Financial Results

November 4, 2016 7:30 AM EDT

NEW YORK, Nov. 4, 2016 /PRNewswire/ --

Third Quarter 2016 Highlights:

Tour Revenues increased 21% to $70.8 million. Net Income increased 68% to $7.4 million. Adjusted EBITDA increased 10% to $17.4 million. Lindblad segment Net Yield increased 8% to $1,008. Lindblad segment Occupancy increased to 90.8%. Stock and warrant repurchase plan increased to a total of $35.0 million.

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 third quarter ended September 30, 2016.

Sven-Olof Lindblad, President and Chief Executive... More