secwatch.observer — SEC 8-K summary
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Issuer:     Norwegian Cruise Line Holdings Ltd. (NCLH)
CIK:        0001513761
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001171843-24-002396
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCLH Q1 revenue $2.2B (+20% YoY), adj. EPS $0.16 vs guidance $0.12, raises FY guidance
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- GAAP net income $17.4M ($0.04 EPS); adjusted EBITDA $464M above $450M guidance; adjusted EPS $0.16 vs $0.12 guidance.
- Revenue $2.2B, up 20% on 8% capacity growth; net yield up ~16.4% vs Q1 2023; occupancy 104.6%.
- Net leverage improved to 6.3x, down a full turn from Dec 31, 2023; total debt $13.7B.
- S&P upgraded NCLC issuer credit rating to B+, raised secured/unsecured debt ratings.
- Newbuild program: eight vessels (~25,000 berths) across three brands; multi-ship pier at Great Stirrup Cay.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1513761/000117184324002396/0001171843-24-002396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1513761/000117184324002396/f8k_050124.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002396

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer