Lindblad Q2 Revenue Jumps 23%
Lindblad Expeditions (NASDAQ:LIND), a leading provider of premium small-ship adventure travel and land-based expeditions, released its earnings for the second quarter of fiscal 2025 on August 4, 2025. The headline news was a substantial beat on both revenue and earnings per share, with revenue (GAAP) of $167.9 million, outpacing analyst expectations of $158.8 million. The company also delivered a reduced loss, reporting EPS (GAAP) of ($0.18) compared to the anticipated ($0.27). These results mark a significant turnaround from the prior-year period and indicate positive momentum, particularly within both the marine and land adventure segments. Despite achieving higher occupancy, increased yields, and growth in both its legacy and newer operations, Lindblad remains unprofitable, closing the quarter with a GAAP net loss. Overall, management highlighted robust demand, capacity expansion, and ongoing strength in their core customer base.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Lindblad Expeditions specializes in expedition cruises and adventure trips, blending marine-based exploration with land experiences. It distinguishes itself through small-group travel focusing on nature, wildlife, and cultural immersion, often in partnership with organizations such as National Geographic.
Source Fool.com
