Norwegian Cruise Line Holdings Ltd

NYSE:NCLH  
16.20
+0.81 (+5.26%)
Other Pre-Announcement

Norwegian Cruise Line Holdings Reports First Quarter 2022 Financial Results And Provides Business Update

Published: 05/10/2022 11:15 GMT
Norwegian Cruise Line Holdings Ltd (NCLH) - Norwegian Cruise Line Holdings Reports First Quarter 2022 Financial Results and Provides Business Update.
Q1 GAAP Loss per Share $2.35.
Q1 Revenue $521.9 Million.
Pricing Strength Continues for All Future Periods.
Operating Cash Flow Slightly Positive in March.
Russia-ukraine Conflict Resulted in Cancellation Or Modification of Approximately 60 Sailings in 2022.
Expects Operating Cash Flow to Be Positive for Q2 of 2022.
Norwegian - As a Result of Temporary Setbacks From Omicron,russia-ukraine Conflict, Current Cumulative Booked Position for H2 2022 Below Comparable 2019 Period.
Booking Trends for 2023 Continue to Be Positive With Both Booked Position and Pricing Significantly Higher.
Norwegian Cruise Line - Advance Ticket Sales Balance, Including Long-term Portion, Increased $418 Million in Quarter to $2.2 Billion As of March 31, 2022.
Monthly Average Cash Burn for Q1 of 2022 Was Approximately $375 Million.
Qtrly GAAP Net Loss Was $(1.0) Billion Or Loss per Share of $2.35.
Qtrly Reported Adjusted Net Loss of $760.5 Million Or Adjusted Loss per Share of $1.82.
Q1 Earnings per Share View $-1.53, Revenue View $737.5 Million -- Refinitiv Ibes Data (analyst estimates).