secwatch.observer — SEC 8-K summary
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Issuer:     LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)
CIK:        0001512499
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001437749-25-014616
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindblad Q1 revenue up 17% to $179.7M; Adj. EBITDA up 39% to $30.0M
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- Net loss improved to $0.04M, essentially breakeven, from $5.1M loss a year ago.
- Lindblad segment occupancy rose to 89% from 76%; net yield per guest night up 25% to $1,521.
- Land Experiences revenue up 38% to $48.6M, helped by Wineland-Thomson acquisition.
- FY2025 guidance: revenue $700-750M, Adjusted EBITDA $100-112M.
- Stock repurchase plan has $12M remaining; 875K shares bought back for $23M through April 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512499/000143774925014616/0001437749-25-014616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512499/000143774925014616/lindb20250418_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-014616

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