Lindblad Expeditions Holdings, Inc. Reports 2020 Third Quarter Financial Results

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Go back to Lindblad Expeditions Holdings, Inc. Reports 2020 Third Quarter Financial Results

Lindblad Expeditions Holdings (LIND) Tops Q3 EPS by 4c

October 29, 2020 8:29 AM EDT

Lindblad Expeditions Holdings (NASDAQ: LIND) reported Q3 EPS of ($0.56), $0.04 better than the analyst estimate of ($0.60).

Third Quarter 2020 Highlights:

Raised $85 million through private placement issuance of convertible preferred equity to prominent investorsAmended term loan and revolving credit facilities to waive leverage covenants through Q2 2021Implemented significant cost reduction measures to further increase... More