Lindblad Expeditions reports Q4 EPS (53c), consensus (28c)

Reports Q4 revenue $125.4M, consensus $127.27M. Sven Lindblad, CEO, said “The record full year results we delivered in 2023 provides a glimpse of the earnings power of the Company as we further ramp our expedition operations and maximize the potential across our platform of leading land-based travel companies. The strategic investments we have already made to expand our ship capacity and diversify our land-based product offerings provides us significant opportunity in both the short and long-term given the growing market demand for authentic and immersive experiential travel. This past quarter we took another important step to solidify and accelerate that opportunity by extending, and most importantly, expanding our strategic relationship with National Geographic. Over the past two decades, our intuitive connection and shared ethos has positively impacted hundreds of thousands of guests, while also providing meaningful support to some of the world’s most remarkable destinations. The expanded agreement will enable us to build on that success in the years ahead as we expand our addressable audiences, develop additional innovative expeditions and reach more citizen explorers than ever before.”