Core Insights - Lindblad Expeditions Holdings, Inc. reported a 23% increase in revenue for Q2 2025, reaching $167.9 million, driven by strong performance in both the Lindblad and Land Experiences segments [4][13] - The company achieved an 86% occupancy rate, up from 78% in the same quarter last year, alongside a 139% increase in Adjusted EBITDA to $24.8 million [3][8] - The net loss available to stockholders improved to $9.7 million, a $16.1 million reduction compared to Q2 2024 [7][13] Financial Performance - Tour revenues for the Lindblad segment increased by 19% to $111.0 million, attributed to a 13% rise in net yield per available guest night to $1,241 [5][11] - The Land Experiences segment saw a 31% revenue increase to $56.9 million, benefiting from additional trips and higher pricing [6][11] - Adjusted EBITDA for the Lindblad segment rose by 150% to $16.3 million, while the Land Experiences segment's Adjusted EBITDA increased by 121% to $8.5 million [9][10] Balance Sheet and Liquidity - As of June 30, 2025, the company had cash and cash equivalents totaling $247.3 million, up from $216.1 million at the end of 2024 [12] - Total debt stood at $635.0 million, with the company in compliance with all applicable debt covenants [14] 2025 Outlook - The company anticipates full-year tour revenues between $725 million and $750 million, with Adjusted EBITDA projected to be between $108 million and $115 million [22][30] - A stock repurchase plan of $35.0 million is currently in place, with $12.0 million remaining as of July 31, 2025 [15]

Core Viewpoint - Lindblad Expeditions Holdings, Inc. is set to report its second quarter financial results for 2025 on August 4, 2025, before market opening, followed by a conference call to discuss the results [1]. Company Overview - Lindblad Expeditions Holdings, Inc. is a leader in global expedition travel, offering immersive and educational journeys across all seven continents through six pioneering brands [3]. - The company collaborates with National Geographic to operate the National Geographic-Lindblad Expeditions co-brand, providing ship-based voyages that allow guests to explore remote destinations alongside scientists and naturalists [3]. - Lindblad's portfolio includes modern expedition cruises and award-winning land-based brands such as Natural Habitat Adventures, Off the Beaten Path, DuVine Cycling + Adventure Co., Classic Journeys, and Wineland-Thomson Adventures, which focus on wildlife, cultural, and adventure experiences [3].

Core Viewpoint - Lindblad Expeditions Holdings, Inc. is set to report its second quarter financial results for 2025 on August 4, 2025, before market opening, followed by a conference call to discuss the results [1]. Company Overview - Lindblad Expeditions Holdings, Inc. is a leader in global expedition travel, offering immersive and educational journeys across all seven continents through six pioneering brands [3]. - The company collaborates with National Geographic to operate the National Geographic-Lindblad Expeditions co-brand, providing ship-based voyages that allow guests to explore remote destinations alongside scientists and naturalists [3]. - Lindblad's portfolio includes modern expedition cruises and award-winning land-based brands such as Natural Habitat Adventures, Off the Beaten Path, DuVine Cycling + Adventure Co., Classic Journeys, and Wineland-Thomson Adventures, which focus on wildlife, cultural, and adventure experiences [3].