Norwegian Cruise Line ( (NCLH) ) has released its Q2 earnings. Here is a breakdown of the information Norwegian Cruise Line presented to its investors.
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Norwegian Cruise Line Holdings Ltd. is a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, offering itineraries to approximately 700 destinations worldwide.
Norwegian Cruise Line Holdings reported a record second-quarter revenue of $2.5 billion, marking a 6% increase compared to the same period in 2024. The company achieved a GAAP net income of $30 million and an EPS of $0.07, while also exceeding guidance with an Adjusted EBITDA of $694 million.
Key financial highlights include a gross margin per Capacity Day increase of 11% and a Net Yield increase of approximately 2.7% on an as-reported basis. The company also announced expansion plans for its private island destination in the Bahamas and took delivery of a new luxury ship, Oceania Allura, with plans for two additional next-generation ships.
Norwegian Cruise Line Holdings successfully upsized its Revolving Loan Facility to approximately $2.5 billion, enhancing its liquidity position. The company reiterated its full-year 2025 guidance, expecting a 2.5% increase in Net Yield and an 11% increase in Adjusted EBITDA compared to 2024.
Looking forward, Norwegian Cruise Line Holdings remains optimistic about its growth prospects, driven by strong consumer demand and strategic initiatives, including fleet expansion and private island enhancements, positioning the company for long-term value creation.