Lindblad Expeditions Holdings Inc. - LIND STOCK NEWS

National Geographic-Lindblad Expeditions has achieved a historic milestone by completing its first-ever round-trip flights between Puerto Natales, Chile, and King George Island in Antarctica. The company has become the first and only expedition cruise operator to offer flights from Puerto Natales, introducing new 'Antarctica Direct' expeditions that reduce travel time by avoiding Drake Passage crossings.

These new itineraries include 8-, 9-, and 10-day expeditions with round-trip flights across the Drake Passage, offering more accessible opportunities for time-constrained travelers while maintaining substantial time on the continent. The company operates 11 unique Antarctic itineraries across four mission-built ships, building on its legacy since the first civilian expedition to Antarctica in 1966.

Lindblad Expeditions (NASDAQ: LIND) reported strong Q3 2024 financial results with total revenues increasing 17% to $206.0 million. Net income available to stockholders rose by $16.8 million to $21.3 million, or $0.36 per diluted share. The company's Adjusted EBITDA grew 35% to $45.8 million. The Lindblad segment saw a 6% increase in Available Guest Nights and a 9% increase in Net Yield to $1,205, with 82% occupancy. Bookings for future travel increased 26% compared to 2023. The company expanded its portfolio by acquiring Wineland-Thompson Adventures and announced the addition of two new Galápagos expedition vessels.

Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND), a global provider of expedition cruises and adventure travel experiences, has announced it will report its 2024 third quarter financial results on Tuesday, November 5, 2024, before the market opens. The company will host a conference call to discuss the results at 8:30 am Eastern Time.

Investors can access the conference call by dialing 1-800-715-9871 (United States) or 1-646-307-1963 (International) with the Access Code 2974921. A live audio webcast of the call will be available in the investor relations section of the Company's website at investors.expeditions.com.

A replay of the call and a transcript will be available on the website within 48 hours of its completion. The replay will also be accessible by phone using specific dial-in numbers for United States and International callers.

Lindblad Expeditions and National Geographic have unveiled a new co-branded identity: National Geographic-Lindblad Expeditions. This rebranding marks a significant milestone in their 20-year collaboration and follows a 17-year agreement extension announced in November 2023. The new co-brand aims to leverage National Geographic's name recognition while maintaining Lindblad Expeditions' heritage in modern expedition cruising.

Key points:

• New website launched at www.expeditions.com
• Full implementation across marketing channels by year-end
• Major omnichannel marketing campaign planned for early 2025
• Fleet rebranding to begin in 2025
• $22 million invested in conservation, education, and science initiatives

The partnership focuses on fostering discovery and community through science, nature, and purpose-driven travel, offering 100+ itineraries across 70+ countries and territories on all seven continents.

Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) reported Q2 2024 financial results with total revenues increasing 9% to $136.5 million. The company saw a net loss of $25.8 million, or $0.48 per diluted share. Adjusted EBITDA increased by $4.2 million to $10.4 million. The Lindblad segment's Available Guest Nights increased 4%, while Net Yield per Available Guest Night rose 6% to $1,094 with 78% occupancy.

The company announced an agreement to acquire two vessels for the Galápagos market and expanded its land-based portfolio by acquiring Wineland-Thompson Adventures. Bookings for future travel increased 17% compared to the same period in 2023. Lindblad expects full-year 2024 tour revenues of $610-$630 million and Adjusted EBITDA of $88-$98 million.

Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND), a global provider of expedition cruises and adventure travel experiences, has announced it will report its 2024 second quarter financial results on Thursday, August 8, 2024, before the market opens. The company will host a conference call to discuss the results at 8:30 am Eastern Time.

Investors can access the conference call by dialing 1-800-715-9871 (US) or 1-646-307-1963 (International) with Access Code 2974921. A live audio webcast and the earnings release will be available on the company's investor relations website. A replay of the call and transcript will be accessible on the website within 48 hours, and via phone using specific replay numbers.

Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) has appointed two new independent directors to its Board: Annette Reavis, Chief People Officer at CrossFit, and Andy Stuart, former President and CEO of Norwegian Cruise Line. These appointments increase the board size from 10 to 11 directors, with 9 being independent.

Reavis brings extensive HR experience, including a decade at Meta where she played a key role in the company's growth. Stuart contributes 31 years of cruise industry expertise from his tenure at Norwegian Cruise Line. Both are expected to provide fresh perspectives important for Lindblad's future growth in the expedition travel industry.

The company, known for its ship-based voyages and land-based travel subsidiaries, collaborates with National Geographic to offer educational marine expedition programs and promote conservation.

Lindblad Expeditions (NASDAQ: LIND), a global leader in adventure travel, has announced the addition of two purpose-built expedition vessels to its Galápagos fleet. These vessels, formerly the Celebrity Xpedition and Celebrity Xploration, are set to sail in early 2025. The first ship will accommodate 48 guests, while the second will host 16 guests, offering intimate travel experiences. Bookings for these vessels will open later this month. The company will revitalize the ships with multi-million-dollar enhancements, aligning them with its standards of comfort and adventure. This expansion doubles Lindblad's Galápagos fleet, underscoring its commitment to sustainable tourism and conservation in the region.

Lindblad Expeditions Holdings, Inc. reported 2024 first quarter financial results with total revenue increasing by 7% to $153.6 million. The company also announced the acquisition of Wineland-Thomson Adventures, Inc. Lindblad segment available guest nights increased by 3%, net yield per available guest night increased by 1% to $1,219, and strong reservations for future travel were noted. The acquisition of Wineland-Thompson Adventures and increased ownership interests in Natural Habitat and DuVine Cycling were also highlighted. Despite a net loss of $5.1 million, the company remains optimistic about driving higher returns and shareholder value. The Company's financial outlook for 2024 includes projected tour revenues of $610 - $630 million and adjusted EBITDA of $88 - $98 million.