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

Issuer:     LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)
CIK:        0001512499
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001437749-24-033207
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindblad Q3 earnings: revenue $206M (+17%), net income $21.3M, Adj EBITDA $45.8M (+35%)
--------------------------------------------------------------------------------

- Net income available to stockholders $21.3M ($0.36 diluted EPS) vs $4.5M ($0.08) in Q3 2023; a $16.8M increase.
- Total revenues grew 17% to $206M; Lindblad segment rev +12% to $121.3M, Land Experiences +26% to $84.7M.
- Adjusted EBITDA increased 35% to $45.8M; Lindblad segment $26.2M (+30%), Land Experiences $19.6M (+42%).
- Bookings for future travel up 26% vs 2023; full year 2024 guidance: rev $610-630M, Adj EBITDA $88-98M.
- Completed acquisition of Wineland-Thompson Adventures for $30M ($24M cash + $6M stock); added two Galápagos vessels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512499/000143774924033207/0001437749-24-033207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512499/000143774924033207/lindb20241023_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-033207

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