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, Inc. (NASDAQ: LIND) will report its 2020 fourth quarter and full year financial results on March 9, 2021, before market opening. The conference call to discuss these results has been rescheduled for 8:30 am ET. Investors can access the call by dialing the provided numbers. A replay and transcript will be available within 48 hours. Lindblad Expeditions specializes in expedition cruises and adventure travel, partnering with National Geographic to promote sustainable tourism and conservation.
Lindblad Expeditions Holdings (NASDAQ: LIND) will announce its 2020 fourth quarter and full year financial results on March 9, 2021, after the market closes. A conference call to discuss these results is scheduled for 4:30 PM ET. Investors can access the call by dialing the provided numbers. The earnings release and a live audio webcast will be available on the Company's investor relations website. A replay of the call will also be accessible shortly after its completion.
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) has appointed David Goodman as its new Chief Commercial and Marketing Officer, effective November 9, 2020. Goodman brings over 30 years of experience in global multimedia organizations, previously serving at Sotheby's where he oversaw major digital initiatives and revenue growth. His role at Lindblad will focus on revenue production, marketing, digital development, and strategic partnerships. The company aims to reactivate its growth plan in 2021 amid the pandemic, leveraging Goodman’s expertise to enhance its marketing strategies.
Lindblad Expeditions Holdings reported a challenging third quarter of 2020, with tour revenues plummeting 99% to $1.0 million compared to $100.9 million in 2019. The company faced a net loss of $27.4 million, or $0.56 per diluted share, compared to a loss of $0.5 million last year. Despite these setbacks, Lindblad raised $85 million through a private placement and maintained $146.2 million in liquidity. Advanced bookings for 2021 remain strong, with a 4% increase over 2019 levels. The company is focused on enhancing health protocols to ensure a safe return to operations amidst ongoing COVID-19 uncertainties.
Lindblad Expeditions Holdings will announce its third quarter financial results for 2020 on October 29, 2020, before the market opens. A conference call is scheduled for 8:30 AM Eastern Time to discuss these results. Interested parties can join by calling 833-366-0413 (U.S.) or 236-712-2494 (International) using Conference ID 6468736. A webcast of the call will be available on the company's investor relations website, along with a replay and transcript post-call.
Lindblad Expeditions Holdings has entered an agreement to raise $85 million through a private placement of convertible preferred stock with notable investors including MSD Partners and Durable Capital. The preferred stock offers a 6.0% dividend, convertible at $9.50 per share, representing a 23% premium to the stock's average price. This capital will enhance Lindblad's liquidity, which will be approximately $187 million post-investment. The funds aim to support the company's return to operations amidst the COVID-19 pandemic and enable future growth opportunities.
Lindblad Expeditions Holdings reported significant financial challenges due to COVID-19, with second-quarter tour revenues dropping 100% to a loss of $76.9 million. The net loss available to common stockholders was $39.7 million, or $0.80 per diluted share. Total cash, unrestricted and restricted, stood at $102.2 million as of June 30, 2020. The company has implemented various cost-cutting measures, including deferring $9 million in principal payments and reducing expected capital expenditures by over $10 million. Although bookings for 2021 show a positive trend, near-term demand remains uncertain.
Lindblad Expeditions Holdings will disclose its 2020 second quarter financial results on August 10, 2020, after market close. A conference call to discuss these results is scheduled for 4:30 PM ET. Interested parties can access the call by dialing 844-378-6487 in the US or 412-542-4182 internationally. The earnings release and a live audio webcast will be available on their investor relations website. A replay will be available within 48 hours at the same site and via phone.