Norwegian Cruise Line Holdings (NYSE: NCLH) reported Q3 results with revenues of $1.6 billion versus $153.1 million in the same period last year and surpassing Street estimates by $40 million.
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The cruise liner reported an adjusted loss of $0.64 per share while analysts were expecting a loss of $0.71.
Frank Del Rio, President, and CEO of NCLH commented, “The underlying fundamentals of our business and our target upmarket consumer remain strong and our strategy of focusing on maximizing long-term, sustainable profitability is working as intended, evidenced by our 2023 booked position which is equal to 2019’s record levels and at record pricing.”
As of September 30, the company’s advance ticket balance was $2.5 billion. This balance includes the long-term portion.