---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-005804"
form_type: "8-K"
ticker: "LIND"
cik: "0001512499"
company_name: "LINDBLAD EXPEDITIONS HOLDINGS, INC."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:40:50.592641+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lindblad Expeditions reports FY23 revenue $569.5M (+35%), Adj EBITDA $71.2M; FY24 guidance $610-630M

## Summary
- Full year net loss available to stockholders improved to $50.0M from $116.1M; diluted EPS -$0.94 vs -$2.23.
- Lindblad segment tour revenues $397.4M (+43%); net yield per guest night $1,097 (+12%); occupancy 77%.
- Q4 2023 tour revenues $125.4M (+6%); Adjusted EBITDA $3.8M (improved $6.6M from -$2.7M).
- Extended National Geographic partnership through 2040 with global rights and expanded marketing.
- Issued $275M 9.00% senior secured notes due 2028 to refinance export credit; cash $187.3M.

## SEC filing metadata
- accession: 0001437749-24-005804
- form_type: 8-K
- ticker: LIND
- cik: 0001512499
- company_name: LINDBLAD EXPEDITIONS HOLDINGS, INC.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512499/000143774924005804/0001437749-24-005804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512499/000143774924005804/lindb20231213_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-005804
- JSON: https://secwatch.observer/filing/0001437749-24-005804.json
- Plain text: https://secwatch.observer/filing/0001437749-24-005804.txt

## Key facts
- Earnings Releases
  LINDBLAD EXPEDITIONS HOLDINGS, INC. reported financial results for fourth quarter and full year ended December 31, 2023.
  - Period: fourth quarter and full year ended December 31, 2023
  - Result: reported results
  source text: On February 28, 2024, the Company issued a press release announcing its financial results for its fourth quarter and full year-ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512499/000143774924005804/0001437749-24-005804-index.htm

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