---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002395"
form_type: "8-K"
ticker: null
cik: "0001318742"
company_name: "NCL CORP Ltd."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:22:46.797637+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Norwegian Cruise Line Q1 revenue $2.2B (+20% YoY), EPS $0.16 adjusted, beats guidance; raises FY guidance

## Summary
- Revenue $2.2B (+20% YoY); GAAP net income $17.4M ($0.04 EPS); Adjusted EPS $0.16 vs guidance $0.12.
- Adjusted EBITDA $464M, above $450M guidance; net leverage improved to 6.3x from 7.3x at Dec 2023.
- Occupancy 104.6%; Net Yield +16.4% YoY; Adjusted NCCC ex-fuel flat YoY excluding dry-dock impact.
- Announced 8 new ships (~25k berths) across three brands and a multi-ship pier at Great Stirrup Cay.
- S&P upgraded issuer credit rating to B+; raised senior secured and unsecured debt ratings.

## SEC filing metadata
- accession: 0001171843-24-002395
- form_type: 8-K
- cik: 0001318742
- company_name: NCL CORP Ltd.
- filed_at: 2024-05-01T23:59:59+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/1318742/000117184324002395/0001171843-24-002395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318742/000117184324002395/f8k_050124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002395
- JSON: https://secwatch.observer/filing/0001171843-24-002395.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002395.txt

## Key facts
- Earnings Releases
  NCL CORP Ltd. reported the first quarter ended March 31, 2024 results: revenue $2.2 billion, net income $17.4 million, EPS $0.04. Guidance raised.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $2.2 billion
  - Net income: $17.4 million
  - EPS: $0.04
  - Guidance: raised
  - Result: reported results
  source text: Generated total revenue of $2.2 billion, a 20% increase compared to the same period in 2023 on 8% capacity growth, with GAAP net income of $17.4 million, or EPS of $0.04.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318742/000117184324002395/0001171843-24-002395-index.htm

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