Lindblad Expeditions Hldgs Inc Stock Price, News & Analysis

Lindblad Expeditions (NASDAQ: LIND) has announced a strategic multi-year charter agreement with Transcend Cruises to launch European river expeditions starting in 2026. The partnership, extending through 2028, will operate under the National Geographic-Lindblad Expeditions co-brand using Transcend Cruises' luxury newbuild ships. Each voyage will feature Lindblad's veteran Expedition Leaders, Field Staff, and National Geographic Experts, offering private tours and exclusive experiences. This marks Lindblad's first venture into European river cruising, expanding their 50+ year expedition cruise portfolio. The company currently operates a fleet of 22 owned and chartered vessels, conducting over 600 annual departures across six continents. Specific itinerary details and vessel information will be announced in the coming weeks.

Lindblad Expeditions Holdings (NASDAQ: LIND), a global provider of expedition cruises and adventure travel experiences, has announced it will release its 2025 first quarter financial results on Tuesday, May 6, 2025, before market opening.

The company will host a conference call at 8:30 am Eastern Time to discuss the results. Investors can access the call through U.S. dial-in (1-800-715-9871) or International dial-in (1-646-307-1963) using Access Code 2974921. A live audio webcast will be available in the investor relations section at investors.expeditions.com, with replay and transcript access within 48 hours after the call.

Lindblad Expeditions (NASDAQ: LIND) reported its 2024 financial results with total revenues increasing 13% to $644.7 million. The company's net loss improved by $14.2 million, with Adjusted EBITDA rising 28% to $91.2 million.

Key highlights include:

• Lindblad segment achieved 78% occupancy and increased Net Yield per Available Guest Night by 7% to $1,170
• Tour revenues grew with Lindblad segment up 7% to $423.3 million and Land Experiences segment up 29% to $221.4 million
• Cash position strengthened to $216.1 million as of December 31, 2024

The company expanded its fleet with two new Galápagos expedition vessels and acquired Wineland-Thomson Adventures for $30 million. Looking ahead, LIND projects 2025 tour revenues of $700-$750 million and Adjusted EBITDA of $100-$112 million, with strong booking trends for 2025 and 2026.

Lindblad Expeditions Holdings (NASDAQ: LIND) has announced it will release its 2024 fourth quarter and full year financial results on Thursday, February 27, 2025, before market opening. The company will host a conference call at 8:30 am Eastern Time to discuss the results.

Lindblad is a global provider of expedition cruises and adventure travel experiences, operating through six brands. The company offers immersive, educational journeys across all seven continents through its portfolio of ship- and land-based expeditions. In partnership with National Geographic, it provides ship-based voyages featuring scientists and naturalists. The company's land-based brands include Natural Habitat Adventures, Off the Beaten Path, DuVine Cycling + Adventure Co., Classic Journeys, and Wineland-Thomson Adventures.

Lindblad Expeditions (NASDAQ: LIND) announced two key executive appointments: Natalya Leahy will become CEO effective January 1, 2025, and Rick Goldberg will assume the CFO position effective December 31, 2024. Leahy, former President of Seabourn, brings extensive experience in luxury cruise operations and global leadership roles at companies including Holland America Group, Procter & Gamble, and The Coca-Cola Company. Goldberg joins from Founders Table Restaurant Group, where he served as CFO.

Current Founder and CEO Sven-Olof Lindblad will transition to Co-Chair of the Board, while current Chairman Mark Ein will become Board Co-Chair and Lead Independent Director. Interim CFO Dyson Dryden will retain his position as Board Director.

National Geographic-Lindblad Expeditions has achieved a historic milestone by completing its first-ever round-trip flights between Puerto Natales, Chile, and King George Island in Antarctica. The company has become the first and only expedition cruise operator to offer flights from Puerto Natales, introducing new 'Antarctica Direct' expeditions that reduce travel time by avoiding Drake Passage crossings.

These new itineraries include 8-, 9-, and 10-day expeditions with round-trip flights across the Drake Passage, offering more accessible opportunities for time-constrained travelers while maintaining substantial time on the continent. The company operates 11 unique Antarctic itineraries across four mission-built ships, building on its legacy since the first civilian expedition to Antarctica in 1966.

Lindblad Expeditions (NASDAQ: LIND) reported strong Q3 2024 financial results with total revenues increasing 17% to $206.0 million. Net income available to stockholders rose by $16.8 million to $21.3 million, or $0.36 per diluted share. The company's Adjusted EBITDA grew 35% to $45.8 million. The Lindblad segment saw a 6% increase in Available Guest Nights and a 9% increase in Net Yield to $1,205, with 82% occupancy. Bookings for future travel increased 26% compared to 2023. The company expanded its portfolio by acquiring Wineland-Thompson Adventures and announced the addition of two new Galápagos expedition vessels.

Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND), a global provider of expedition cruises and adventure travel experiences, has announced it will report its 2024 third quarter financial results on Tuesday, November 5, 2024, before the market opens. The company will host a conference call to discuss the results at 8:30 am Eastern Time.

Investors can access the conference call by dialing 1-800-715-9871 (United States) or 1-646-307-1963 (International) with the Access Code 2974921. A live audio webcast of the call will be available in the investor relations section of the Company's website at investors.expeditions.com.

A replay of the call and a transcript will be available on the website within 48 hours of its completion. The replay will also be accessible by phone using specific dial-in numbers for United States and International callers.

Lindblad Expeditions and National Geographic have unveiled a new co-branded identity: National Geographic-Lindblad Expeditions. This rebranding marks a significant milestone in their 20-year collaboration and follows a 17-year agreement extension announced in November 2023. The new co-brand aims to leverage National Geographic's name recognition while maintaining Lindblad Expeditions' heritage in modern expedition cruising.

Key points:

• New website launched at www.expeditions.com
• Full implementation across marketing channels by year-end
• Major omnichannel marketing campaign planned for early 2025
• Fleet rebranding to begin in 2025
• $22 million invested in conservation, education, and science initiatives

The partnership focuses on fostering discovery and community through science, nature, and purpose-driven travel, offering 100+ itineraries across 70+ countries and territories on all seven continents.