First Quarter 2024 Highlights: Total revenue increased 7% to $153.6 million  Lindblad segment available guest nights increased 3%  Lindblad segment net yield per available guest night increased 1% to $1,219 with higher pricing and occupancy of 76%  Strong reservations for future travel with bookings for 2024 4% ahead of bookings for 2023 at the same point a year ago and well over 20% ahead excluding carryover bookings in 2023  Following the quarter further expanded land-based portfolio with the announced a ...

Revenue Performance - First quarter tour revenues increased by 7% to $153.6 million, driven by a $2.8 million increase in the Lindblad segment and a $7.4 million increase in the Land Experiences segment [4]. - Total tour revenues for Q1 2024 were $153.6 million, an increase of 7.6% compared to $143.4 million in Q1 2023 [34]. - For the full year 2024, the company expects tour revenues between $610 million and $630 million [23]. - Bookings for 2024 are 4% ahead of the same point in 2023, with 94% of projected guest ticket revenues already on the books [18]. Financial Performance - The company reported a net loss of $5.1 million, or $0.10 per diluted share, compared to a net loss of $0.4 million, or $0.01 per diluted share, in the same quarter of 2023 [8]. - Operating income decreased to $7.9 million in Q1 2024 from $12.5 million in Q1 2023, reflecting a decline of 36.5% [34]. - Net loss attributable to Lindblad Expeditions Holdings, Inc. was $4.0 million in Q1 2024, compared to a net income of $0.6 million in Q1 2023 [34]. - Adjusted EBITDA for the first quarter decreased by 21% to $21.6 million, with a significant decline of $5.6 million in the Lindblad segment [9]. - Adjusted EBITDA for Q1 2024 was $21.6 million, down 20.6% from $27.2 million in Q1 2023 [37]. - Free Cash Flow turned positive at $37,448,000 in Q1 2024 compared to a negative $4,367,000 in Q1 2023 [40]. Cash and Debt Management - As of March 31, 2024, the company had cash and cash equivalents of $224.2 million, an increase from $187.3 million at the end of 2023 [16]. - Total debt as of March 31, 2024, was $635.1 million, with compliance to all applicable debt covenants [17]. - Cash and cash equivalents increased to $177.7 million as of March 31, 2024, compared to $156.8 million as of December 31, 2023 [32]. - Total current assets rose to $286.6 million as of March 31, 2024, up from $244.5 million as of December 31, 2023 [32]. - Total liabilities increased to $984.5 million as of March 31, 2024, from $945.1 million as of December 31, 2023 [32]. Operational Metrics - Available Guest Nights rose to 85,954 in Q1 2024, up from 83,184 in Q1 2023, while Guest Nights Sold decreased to 64,963 from 67,057 [40]. - Occupancy rate declined to 76% in Q1 2024 from 81% in Q1 2023 [40]. - Gross Yield per Available Guest Night slightly decreased to $1,376 in Q1 2024 from $1,388 in Q1 2023, while Net Yield per Available Guest Night increased to $1,219 from $1,205 [40]. - Adjusted Net Cruise Cost per Available Guest Night increased to $981 in Q1 2024 from $891 in Q1 2023 [42]. - The number of voyages completed increased to 122 in Q1 2024 from 113 in Q1 2023 [40]. - The maximum guest capacity increased to 9,714 in Q1 2024 from 8,990 in Q1 2023 [40]. Strategic Initiatives - The company announced the acquisition of Wineland-Thomson Adventures for approximately $30 million, expected to close after regulatory approvals in Tanzania [15]. - The company anticipates continued growth in tour revenues and plans to focus on expanding its market presence and enhancing customer experiences [30]. - The company has a $35 million stock repurchase plan, with $12 million remaining as of April 29, 2024 [19].

ST. GALLEN, Switzerland, April 25, 2024 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ:SRAD)("Sportradar" or the "Company") today announced that Craig Felenstein has been named Chief Financial Officer of the Company, effective June 1, 2024. Felenstein joins the Company from Lindblad Expeditions (NASDAQ:LIND) where he most recently served as Chief Financial Officer. He will report directly to Sportradar Chief Executive Officer Carsten Koerl. Felenstein brings nearly 30 years of senior finance and operating ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Lindblad Expeditions (LIND) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________to ______________ Commission File Number 001-35898 LINDBLAD EXPEDITIONS HOLDINGS, INC. (Exact Name of Registrant as Specified in Its Charter) | Delaware ...

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Q4 2023 Earnings Conference Call February 28, 2024 8:30 AM ET Company Participants Craig Felenstein - CFO Sven-Olof Lindblad - Founder, CEO and Co-Chair Conference Call Participants Jackson Gibb - Stifel Eric Wold - B. Riley Securities Alex Fuhrman - Craig-Hallum Capital Operator Hello, everyone, and welcome to the Lindblad Expeditions Fourth Quarter and Full Year Financial Results. My name is Bruno, and I'll be operating your call today. [Operator Instructi ...

Exhibit 99.1 Lindblad Expeditions Holdings, Inc. Reports 2023 Fourth Quarter Financial Results and Full Year Financial Results Full Year 2023 Highlights: NEW YORK, February 28, 2024 Lindblad 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 fourth quarter and full year ended December 31, 2023. Sven Lindblad, Chief Executive Officer, said "The record full year results we de ...

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Craig Felenstein - CFO Sven-Olof Lindblad - Founder, CEO and Co-Chair Conference Call Participants Steve Wieczynski - Stifel Alex Fuhrman - Craig-Hallum Capital Operator Good morning, everyone, and welcome to the Lindblad Expeditions Report 2023 Third Quarter Financial Results. My name is Chach, and I'll be the coordinator for your call today. [Operator Instructions] I would no ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35898 LINDBLAD EXPEDITIONS HOLDINGS, INC. (Exact name of registrant as specified in its charter) | Delaware | 27-4749725 | | --- | --- | | ...

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