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 will announce its 2021 third-quarter financial results on November 2, 2021, before market opening. A conference call is scheduled for 8:30 AM ET to discuss these results, accessible via phone for U.S. and international participants. A replay of the call will be available within 48 hours. Lindblad, known for expedition cruises and adventure travel, collaborates with National Geographic for unique marine programs, promoting conservation and sustainable tourism worldwide.
Lindblad Expeditions Holdings has acquired an 80% stake in Classic Journeys, a luxury walking tour company. This strategic acquisition aims to expand Lindblad's adventure travel offerings, similar to past acquisitions like Natural Habitat and DuVine Cycling. Classic Journeys, established in 1995, focuses on immersive cultural experiences led by local guides in over 50 countries. The partnership complements Lindblad’s commitment to authentic travel while leveraging Classic Journeys' expertise to enhance their service offerings as they target a broader clientele in the growing adventure travel sector.
Lindblad Expeditions Holdings reported a second quarter tour revenue of $15.3 million, a significant increase from $15.5 million in the same period of 2020, driven by the resumption of expeditions. Despite a net loss of $36.6 million or $0.71 per diluted share, this reflects an improvement compared to $39.7 million in Q1 2020. The Company highlights advanced bookings for 2022 are 36% ahead of 2021. Operating costs are rising as operations ramp up, but liquidity remains strong with $160.1 million in unrestricted cash as of June 30, 2021.
Lindblad Expeditions Holdings (NASDAQ: LIND) will report its 2021 second quarter financial results on August 3, 2021, before market opens. A conference call will be held at 8:30 am ET to discuss these results. Interested parties can dial 844-378-6487 (U.S.), 855-669-9657 (Canada), or 412-542-4182 (International) to access the call. A replay will be available on the company's website within 48 hours. Lindblad Expeditions focuses on ship-based voyages and adventure travel, partnering with National Geographic for marine expeditions and sustainable tourism.
Lindblad Expeditions Holdings reported a significant revenue decline of 98% in Q1 2021, totaling $1.78 million, mainly due to COVID-19. The net loss was $34.5 million or $0.66 per share, worsened by increased interest expenses. However, advance bookings for 2022 are 39% higher than in 2021, indicating strong demand for adventure travel. Lindblad plans to resume operations in Alaska and the Galapagos in June 2021, backed by a robust liquidity strategy and the recent acquisitions of DuVine and Off the Beaten Path, expanding its adventure travel offerings.
Lindblad Expeditions Holdings (NASDAQ: LIND) will announce its first quarter financial results for 2021 on April 29, 2021, before market opening. A conference call is scheduled for 8:30 AM ET, accessible at 833-366-1371 (US) or 639-380-0047 (International), with Conference ID 7246409. The earnings release and a live audio webcast will be available on the investor relations section of their website. A replay of the call will be posted within 48 hours, with phone access through 800-585-8367 (US) or 416-621-4642 (International).
Lindblad Expeditions has announced the resumption of its operations for the 2021 season in Alaska and Galápagos, starting in June. Guests aged 16 and over must be vaccinated to travel. Health protocols include two negative COVID-19 tests and daily temperature checks. The first departures are scheduled for June 4-6. Lindblad aims to provide unique expedition experiences in these remote areas, focusing on wildlife exploration. For more details, visit their website or contact the company directly.
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) has appointed Dolf Berle as its new President and CEO, effective May 10, 2021. He succeeds Sven-Olof Lindblad, who will transition to Co-Chair of the Board. Berle, previously CEO of Topgolf, brings strong growth and innovation experience. The Board aims to leverage his leadership to enhance guest experiences and expand operations. Lindblad Expeditions plans to resume operations in Alaska and the Galapagos in June 2021. Sarah Farrell, an independent board member, is stepping down, leaving a 10-member board.
Lindblad Expeditions Holdings reported a net loss of $100.4 million for 2020, reflecting a 76% decline in tour revenues due to COVID-19. The company ended the year with $187.5 million in unrestricted cash and significant cost reductions in place, limiting monthly cash usage to $10-15 million. Lindblad announced the acquisitions of DuVine Cycling + Adventure and Off the Beaten Path to expand its adventure travel offerings, with total purchase costs around $10.5 million. Bookings for 2022 are currently 37% ahead of 2021, indicating a recovery in demand for expedition travel.
Lindblad Expeditions Holdings has acquired majority stakes in DuVine Cycling + Adventure Co. and Off the Beaten Path, enhancing its portfolio in adventure travel. DuVine specializes in luxury cycling tours globally, while Off the Beaten Path focuses on active journeys in U.S. National Parks. These acquisitions aim to capitalize on the growing demand for immersive travel experiences, especially cycling tourism, which surged during the pandemic. Lindblad plans to leverage its resources to accelerate growth in these segments, expanding its reach in high-quality experiential travel.