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Stock impact report

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

Lindblad Expeditions Holdings Inc. (LIND) 
Last lindblad expeditions holdings inc. earnings: 5/1 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.expeditions.com
Company Research Source: PR Newswire
NEW YORK, May 1, 2020 /PRNewswire/ -- First Quarter 2020 Highlights: Tour Revenues decreased 9% to $81.2 million Net loss available to common stockholders of $1.9 million Adjusted EBITDA decreased $11.5 million to $10.6 million Significantly expanded capacity with the delivery of the National Geographic Endurance in March 2020 Net Yield increased 3% to $1,130 per night and Occupancy was 89% First quarter results were significantly impacted by voyage disruptions, cancellations and rescheduling of expeditions due to the COVID-19 virus Ended first quarter with $137 million in cash; implementing significant cost reduction measures to further increase liquidity profile Monthly cash burn expected to be approximately $10-15 million excluding the impact of guest payments and refundsLindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the "Company" or "Lindblad"), a global provider of expedition cruises and adventure travel experiences, today reported financial results for the quarter ended Marc Show less Read more
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