secwatch.observer — SEC 8-K summary
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Issuer:     LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)
CIK:        0001512499
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001437749-23-029892
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindblad Expeditions Q3 revenue up 22% to $176M, net income turns positive, Adj. EBITDA +83%
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- Net income $4.5M ($0.08 diluted EPS) vs net loss $9.8M ($0.18 loss) a year ago.
- Total revenues $176M (+22%); Lindblad segment rev $108.8M (+30%), Land Experiences $67.2M (+10%).
- Adjusted EBITDA $34.0M (+83%); Lindblad segment $20.1M, Land Experiences $13.8M.
- FY2023 guidance: tour revenue $550-575M, Adj. EBITDA $70-80M.
- Cash, restricted cash, short-term securities $204.8M; issued $275M 9% senior secured notes due 2028 in May.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512499/000143774923029892/0001437749-23-029892-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512499/000143774923029892/lindb20230728_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-029892

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