Lindblad Expeditions Holdings (LIND) Misses Q4 EPS by 15c

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Go back to Lindblad Expeditions Holdings (LIND) Misses Q4 EPS by 15c

Lindblad Expeditions Holdings, Inc. Reports 2016 Fourth Quarter and Full Year Financial Results

March 7, 2017 7:30 AM EST

NEW YORK, March 7, 2017 /PRNewswire/ --

 Full Year 2016 Highlights:

Tour Revenues increased 15% to $242.3 million Net Income of $5.1 million as compared with $19.7 million in 2015 Adjusted EBITDA of $41.7 million as compared with $46.8 million in 2015 Repurchased $10.3 million of stock and warrants Lindblad segment Net Yield increased to $976 and Occupancy remained over 90% Expanded land based travel expeditions with acquisition of Natural Habitat in May 2016 Launched the National Geographic Endeavor II in the Galápagos and charter expeditions to Cuba in December 2016

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