secwatch.observer — SEC 8-K summary
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Issuer:     LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)
CIK:        0001512499
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001437749-25-024478
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindblad Q2 2025 revenue up 23% to $167.9M, adjusted EBITDA +139% to $24.8M
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- Tour revenue $167.9M (+23% YoY); Lindblad segment net yield $1,241/guest night (+13%).
- Net loss available to stockholders narrowed to $9.7M ($0.18/sh) from $25.8M ($0.48/sh) YoY.
- Adjusted EBITDA $24.8M (+139% YoY); Lindblad segment $16.3M, Land Experiences $8.5M.
- FY 2025 guidance: tour revenue $725-750M; adjusted EBITDA $108-115M.
- $35M stock repurchase plan; $12M remaining as of July 31; 875K shares and 6M warrants repurchased.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512499/000143774925024478/0001437749-25-024478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512499/000143774925024478/lindb20250617_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-024478

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