Norwegian Cruise Line (NCLH) earnings Q4 2023

Feb 27, 2024 From CNBC:

Norwegian Cruise Line Holdings reported a profitable 2023 as Q4 losses narrowed dramatically. The company’s revenue was $1.99 billion vs. expected $1.97 billion, with a net loss of $106.5 million. 2023 total revenue was $8.55 billion, a 32% increase from 2019. The CEO expects an adjusted profit of $635 million for 2024. Other cruise companies’ shares rose as well.

The Norwegian Viva is docked at PortMiami’s Terminal B ahead of its christening ceremony in Miami on Nov. 29, 2023. Norwegian Cruise Line Holdings sees record-high booking levels and strong growth in ticket demand. Plans to achieve adjusted profit of $635 million in 2024. Shares of the company surged nearly 20% following a profitable 2023.

Norwegian Cruise Line Holdings experienced growth in 2023, taking delivery of three new ships for each of its brands. The company generated total revenue of $8.55 billion in 2023, with a net income of $166.2 million. The CEO anticipates an adjusted profit of about $635 million for the full year 2024. Other cruise companies saw shares rise as well.

Read more at CNBC:: Norwegian Cruise Line (NCLH) earnings Q4 2023