{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-020790","form_type":"8-K","ticker":"LIND","cik":"0001512499","company_name":"LINDBLAD EXPEDITIONS HOLDINGS, INC.","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.150412+00:00","generated_at":"2026-06-13T00:23:09.614914+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lindblad Q2 revenues up 37% to $124.8M; Adj. EBITDA turns positive at $6.2M","bullets":["Revenue $124.8M (+37% YoY); net loss $25.6M ($0.48/sh) improved from $30.0M loss a year ago.","Adjusted EBITDA $6.2M vs -$6.2M prior year; Lindblad segment occupancy 74%, net yield $1,034 (+5%).","Issued $275M 9% senior secured notes due 2028 to refinance export credit; cash $197.4M, debt $635.1M.","Full-year 2023 guidance: revenue $550-575M, Adj. EBITDA $70-80M; 2023 bookings 43% ahead of 2019.","Stock repurchases $23M under $35M plan; 875K shares and 6.0M warrants bought as of July 24."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-020790","json":"https://secwatch.observer/filing/0001437749-23-020790.json","markdown":"https://secwatch.observer/filing/0001437749-23-020790.md","text":"https://secwatch.observer/filing/0001437749-23-020790.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1512499/000143774923020790/0001437749-23-020790-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1512499/000143774923020790/lindb20230718_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T00:23:09.614914+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b898390f16c91d428a7d4a64e91f0a53c576dc6e","claim":"LINDBLAD EXPEDITIONS HOLDINGS, INC. reported second quarter ended June 30, 2023 results: revenue $124.8 million, net income $25.6 million, EPS $0.48 per diluted share. Guidance initiated.","evidence_excerpt":"Second quarter tour revenues of $124.8 million increased $33.9 million, or 37%, as compared to the same period in 2022. The increase was driven by a $23.4 million increase at the Lindblad segment and a $10.5 million increase at the Land Experiences segment. Lindblad segment tour revenues of $87.4 million increased $23.4 million, or 36%, compared to the second quarter a year ago primarily due to a 34% increase in available guest nights as we continued to ramp operations. The year-on-year growth was also driven by a 5% increase in net yield per available guest night to $1,034 due to increased pricing and broader fleet utilization. Land Experiences tour revenues of $37.4 million increased $10.5 million, or 39%, compared to the second quarter a year ago primarily due to additional departures and higher pricing. Net Income Net loss available to stockholders for the second quarter was $25.6 million, $0.48 per diluted share, as compared with net loss available to stockholders of $30.0 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1512499/000143774923020790/0001437749-23-020790-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$124.8 million"},{"label":"Net income","value":"$25.6 million"},{"label":"EPS","value":"$0.48 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}