Welcome to our dedicated page for Lindblad Expeditions Hldgs news (Ticker: LIND), a resource for investors and traders seeking the latest updates and insights on Lindblad Expeditions Hldgs stock.
Lindblad Expeditions Holdings Inc. (NASDAQ: LIND) is a global provider of expedition cruises and adventure travel experiences, and its news flow reflects both its operating performance and its capital and fleet decisions. The company regularly issues earnings releases that detail tour revenues, segment performance for the Lindblad and Land Experiences businesses, occupancy trends, net yield per available guest night, and Adjusted EBITDA. These updates provide insight into demand for expedition travel across ship-based and land-based offerings.
News about Lindblad often highlights developments in its expedition cruise operations, including metrics for the Lindblad segment and commentary on guest satisfaction and pricing. The Land Experiences segment also features in results, with disclosures on additional trips, acquired brands such as Wineland-Thomson Adventures, and marketing investments to support future growth. Together, these releases help readers understand how the company’s portfolio of brands is performing.
In addition to earnings, Lindblad’s news includes announcements related to its balance sheet and financing activities. In 2025 the company announced a proposed private offering of senior secured notes, the pricing and upsizing of those notes, and a cash tender offer and consent solicitation for outstanding senior secured notes due 2027. Follow-up releases described early tender results and pricing terms, illustrating how Lindblad manages its debt profile and refinancing plans.
Fleet and program updates also appear in company communications. For example, Lindblad disclosed the planned retirement of the National Geographic Sea Bird and National Geographic Sea Lion after a farewell season and the expansion of its Alaska program through the charter of the Greg Mortimer. Investors and followers of LIND can use this news page to track financial results, capital structure actions, and changes in the company’s expedition fleet and itineraries over time.
Lindblad Expeditions Holdings intends to offer $275 million in senior secured notes due 2028, subject to market conditions. The offering will be guaranteed by its direct subsidiary, Lindblad Expeditions, LLC, and other subsidiaries, secured by first-priority liens on its vessels: National Geographic Endurance and National Geographic Resolution.
The net proceeds will primarily be used to prepay existing borrowings related to these vessels, with remaining funds allocated for offering costs and general corporate purposes, including potential growth initiatives. The offering is intended for qualified institutional buyers and is not registered under the Securities Act of 1933.
Lindblad Expeditions Holdings reported notable growth in 2022, with total revenue surging by $274.4 million year-over-year, reaching $421.5 million. The net loss available to stockholders improved to $116.1 million, compared to $124.7 million in 2021. Adjusted EBITDA loss decreased by $52.5 million to $11.5 million. The Lindblad segment saw a remarkable 236% increase in revenues, driving strong future bookings, which are 47% ahead of 2019 levels. The company refinanced debt for greater financial flexibility and launched the new National Geographic Islander II, enhancing operational capability in the Galapagos. For 2023, projected tour revenues are $550-$575 million.
Lindblad Expeditions Holdings (NASDAQ: LIND) is set to report its 2022 fourth quarter and full year financial results on February 28, 2023, before market opens. A conference call will follow at 8:30 AM ET for discussion of the results, accessible via phone and webcast. The earnings release will be available on their investor relations website.
Lindblad specializes in expedition cruises and adventure travel, in partnership with National Geographic, focusing on sustainable tourism. Their portfolio includes various brands specializing in unique travel experiences, enhancing their commitment to conservation and eco-friendly travel.
Lindblad Expeditions reported strong Q3 2022 financial results with total revenue of $144.8 million, up $80.3 million from 2021. The net loss improved by $15.9 million to $9.8 million, and adjusted EBITDA rose $25.2 million to $18.6 million. Lindblad's net yield per available guest night increased 24% to $1,014 with an occupancy rate of 81%. Bookings for 2023 are 23% ahead of 2020 levels. The launch of the National Geographic Islander II enhances the fleet's capacity, positioning the company for continued growth.
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) will report its 2022 third quarter financial results on November 2, 2022, before the market opens. A conference call is scheduled for 8:30 am ET to discuss these results, accessible by phone and through an audio webcast. The replay will be available shortly after the call. Lindblad focuses on expedition cruises and adventure travel, partnering with National Geographic for conservation and sustainable tourism initiatives.
Lindblad Expeditions Holdings reported Q2 2022 financial results, achieving total revenue of $90.9 million, a remarkable increase of $75.6 million from 2021. The ramp-up of operations saw all ten vessels operational, with bookings for 2023 26% higher than the corresponding period in 2019. Despite a net loss of $30 million or $0.59 per diluted share, the company improved its loss from $36.6 million in the previous year. A solid balance sheet included $126.9 million in unrestricted cash. Future financial outlook remains uncertain due to lingering COVID-19 effects.
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) will announce its 2022 second quarter financial results on August 1, 2022, before the market opens. A conference call is scheduled for 8:30 am Eastern Time to discuss these results, accessible via multiple dialing options including 844-200-6205 in the U.S. The earnings release and a live audio webcast will be available on the company's investor relations website. A replay of the call will be accessible shortly after its conclusion.
Lindblad Expeditions Holdings has appointed Noah Brodsky as Chief Commercial Officer effective immediately. Brodsky, with over 20 years of experience in premium guest service and innovative marketing, previously held the position of President at Travel + Leisure Group. His leadership is expected to enhance Lindblad's marketing, sales, and digital product development as the company aims for continued growth in expedition travel. CEO Dolf Berle emphasized Brodsky's role in expanding Lindblad's reach and enriching guest experiences.
Lindblad Expeditions Holdings reported strong first-quarter results for 2022, with tour revenues surging to $67.8 million, up from $1.8 million in Q1 2021. Bookings for the latter half of 2022 are 50% higher than the same period in 2019, indicating robust demand. The company refinanced its debt, enhancing financial flexibility, and extended its operating rights in the Galapagos for an additional 20 years. However, net loss was $43 million, attributed to increased operational costs and interest expenses. The future outlook remains uncertain due to ongoing impacts from COVID-19 and geopolitical tensions.
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) will announce its first quarter financial results for 2022 on May 3, 2022, before the market opens. The company will conduct a conference call at 8:30 am Eastern Time to discuss these results. Investors can access the earnings release and a live audio webcast via the company’s investor relations website. A replay of the call will be available within 48 hours. Lindblad, in partnership with National Geographic, offers unique expedition travel experiences, focusing on conservation and sustainable tourism.
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