Lindblad Expeditions Holdings (LIND) Misses Q3 EPS by 4c, Revenues Miss; Provides FY18 Revenue Outlook

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Go back to Lindblad Expeditions Holdings (LIND) Misses Q3 EPS by 4c, Revenues Miss; Provides FY18 Revenue Outlook

Lindblad Expeditions Holdings, Inc. Reports 2018 Third Quarter Financial Results

November 2, 2018 7:30 AM EDT

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... More