---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-001224"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:56:56.287925+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NCLH reports Q4 net loss $482.5M; guides FY2023 EBITDA $1.8-1.95B on record bookings

## Summary
- Q4 revenue $1.5B, GAAP EPS $(1.14), adjusted EPS $(1.04); occupancy improved to ~87%.
- Revenue per Passenger Cruise Day up ~23% vs 2019; positive adjusted free cash flow ~$71M.
- 2023 outlook: record booked position at higher pricing; occupancy expected ~100% in Q1.
- Adjusted EBITDA guidance $1.8-1.95B; capacity +19% vs 2019 on three newbuilds.
- Net Yield expected +4.75-6.25% vs 2019; cost reduction initiative targets ~15% lower costs.

## SEC filing metadata
- accession: 0001171843-23-001224
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000117184323001224/0001171843-23-001224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000117184323001224/f8k_022823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-001224
- JSON: https://secwatch.observer/filing/0001171843-23-001224.json
- Plain text: https://secwatch.observer/filing/0001171843-23-001224.txt

## Key facts
- Earnings Releases
  Norwegian Cruise Line Holdings Ltd. updated its the full year ended December 31, 2022 guidance (initiated).
  - Period: the full year ended December 31, 2022
  - Guidance: initiated
  - Result: reported results
  source text: Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2022 Financial Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000117184323001224/0001171843-23-001224-index.htm
- Earnings Releases
  Norwegian Cruise Line Holdings Ltd. reported the fourth quarter ended December 31, 2022 results: revenue $1.5 billion, net income $(482.5) million, EPS $(1.14).
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $1.5 billion
  - Net income: $(482.5) million
  - EPS: $(1.14)
  - Result: reported results
  source text: Total revenue of $1.5 billion, GAAP net loss of $(482.5) million or EPS of $(1.14), Adjusted Net Loss of $(439.7) million or Adjusted EPS of $(1.04), and Adjusted EBITDA of $(41.4) million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1513761/000117184323001224/0001171843-23-001224-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.