Earnings summaries and quarterly performance for LINDBLAD EXPEDITIONS HOLDINGS.
Executive leadership at LINDBLAD EXPEDITIONS HOLDINGS.
Board of directors at LINDBLAD EXPEDITIONS HOLDINGS.
Alexander Schultz
Director
Andy Stuart
Director
Annette Reavis
Director
Catherine Reynolds
Director
Dyson Dryden
Director
Elliott Bisnow
Director
John Fahey
Director
Mark Ein
Co-Chair of the Board and Lead Independent Director
Pamela Kaufman
Director
Sven-Olof Lindblad
Co-Chair of the Board
Tad Smith
Director
Research analysts who have asked questions during LINDBLAD EXPEDITIONS HOLDINGS earnings calls.
Steven Wieczynski
Stifel
3 questions for LIND
Alex Fuhrman
Craig-Hallum Capital Group LLC
2 questions for LIND
David Hargreaves
Barclays
2 questions for LIND
Eric Wold
B. Riley Securities
2 questions for LIND
Eric Des Lauriers
Craig-Hallum Capital Group LLC
1 question for LIND
Jackson Gibb
Stifel, Nicolaus & Company, Incorporated
1 question for LIND
Recent press releases and 8-K filings for LIND.
- Lindblad Expeditions reported Q3 2025 consolidated revenues of $240 million, an increase of 16.6% compared to Q3 2024, with Lindblad and Land segments growing 13.4% and 21.1% respectively.
- Adjusted EBITDA reached a company-record $57.3 million, a 25% increase year over year, with margins expanding 160 basis points to 23.8%.
- The company successfully refinanced its debt, issuing $675 million in new senior secured notes at 7%, approximately 75 basis points lower than the prior blended rate, and ended the quarter with $290.1 million in cash.
- Lindblad raised its full-year 2025 guidance, now expecting revenue between $745-$760 million (up from $725-$750 million) and EBITDA between $119-$123 million (up from $108-$115 million).
- Operational highlights include 88% occupancy in the Lindblad segment, a 9% increase in net yields to $1,314, and strong booking momentum for 2026 and 2027.
- Lindblad Expeditions reported strong Q3 2025 results, with consolidated revenues increasing 16.6% to $240,000,000 and Adjusted EBITDA rising 25% to $57,300,000, the highest quarterly EBITDA in company history.
- The company raised its full-year 2025 guidance, now projecting revenue between $745,000,000 and $760,000,000 and Adjusted EBITDA between $119,000,000 and $123,000,000.
- Lindblad successfully refinanced its debt by issuing $675,000,000 in new senior secured notes at 7%, approximately 75 basis points lower than the previous rate, while also extending maturities and upsizing its revolving credit facility.
- Booking trends for 2026 and 2027 are significantly ahead of the prior year, driven by strong demand and strategic capacity expansion, including increased European river cruising voyages.
- Lindblad Expeditions Holdings, Inc. reported total revenue of $240.2 million in Q3 2025, marking a 17% increase from the prior year.
- Adjusted EBITDA for Q3 2025 grew 25% to $57.3 million.
- The company recorded a net loss available to stockholders of $49 thousand in Q3 2025, largely due to $23.5 million in debt refinancing expenses.
- Lindblad refinanced its long-term debt, extending maturity to 2030 and setting the interest rate at 7.00%, which reduced its blended borrowing rate by approximately 75 basis points.
- The full-year 2025 outlook projects tour revenues between $745 million and $760 million and Adjusted EBITDA between $119 million and $123 million.
- Lindblad Expeditions Holdings, Inc. reported total revenue of $240.2 million, a 17% increase, and Adjusted EBITDA of $57.3 million, a 25% increase, for the third quarter ended September 30, 2025.
- The company posted a net loss available to stockholders of $49 thousand for Q3 2025, primarily due to $23.5 million in debt refinancing expenses.
- Operational performance improved with occupancy increasing to 88% from 82% and the Lindblad segment's net yield per available guest night growing 9% to $1,314.
- Lindblad refinanced its long-term debt, securing a 7.00% interest rate and extending maturity to 2030, which contributed to an S&P Global credit rating upgrade.
- For the full year 2025, the company projects tour revenues of $745 million to $760 million and Adjusted EBITDA of $119 million to $123 million.
Quarterly earnings call transcripts for LINDBLAD EXPEDITIONS HOLDINGS.
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