secwatch.observer — SEC 8-K summary
======================================

Issuer:     LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)
CIK:        0001512499
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001437749-24-013842
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512499/000143774924013842/0001437749-24-013842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512499/000143774924013842/lindb20240306_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-013842

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