---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013842"
form_type: "8-K"
ticker: "LIND"
cik: "0001512499"
company_name: "LINDBLAD EXPEDITIONS HOLDINGS, INC."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:20:25.298080+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lindblad Q1 revenue up 7% to $153.6M; acquires Wineland-Thomson for ~$30M

## Summary
- Q1 net loss $5.1M ($0.10 EPS) vs $0.4M loss year ago; Adjusted EBITDA $21.6M (down 21%).
- Lindblad segment net yield $1,219/guest night (+1%); occupancy 76% (down from 81%).
- Full-year 2024 guidance: revenue $610-630M, Adjusted EBITDA $88-98M.
- Acquiring Wineland-Thomson Adventures for ~$30M (cash+stock); closing in ~3 months pending Tanzania approvals.
- Stock repurchase plan: $35M authorized, $12M remaining; 875K shares and 6M warrants bought.

## SEC filing metadata
- accession: 0001437749-24-013842
- form_type: 8-K
- ticker: LIND
- cik: 0001512499
- company_name: LINDBLAD EXPEDITIONS HOLDINGS, INC.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512499/000143774924013842/0001437749-24-013842-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512499/000143774924013842/lindb20240306_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013842
- JSON: https://secwatch.observer/filing/0001437749-24-013842.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013842.txt

## Key facts
- Earnings Releases
  LINDBLAD EXPEDITIONS HOLDINGS, INC. reported first quarter ended March 31, 2024 results: revenue $153.6 million, net income $5.1 million, $0.10 per diluted share, EPS $0.10 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $153.6 million
  - Net income: $5.1 million, $0.10 per diluted share
  - EPS: $0.10 per diluted share
  - Result: reported results
  source text: Inc. Reports 2024 First Quarter Financial Results and Announces Acquisition of Wineland-Thomson Adventures, Inc. First Quarter 2024 Highlights: ● Total revenue increased 7% to $153.6 million ● Lindblad segment available guest nights increased 3% ● Lindblad segment net yield per available guest night increased 1% to $1,219 with higher pricing and occupancy of 76% ●
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512499/000143774924013842/0001437749-24-013842-index.htm

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