Lindblad Expeditions Holdings Sees FY24 Tour Revenues Of $610M-$630M Vs. $626.1M Estimate, Projects FY24 Adjusted EBITDA of $88M-$98M
Portfolio Pulse from Benzinga Newsdesk
Lindblad Expeditions Holdings projects its FY24 tour revenues to be in the range of $610M-$630M, compared to the market estimate of $626.1M. The company also forecasts its FY24 adjusted EBITDA to be between $88M-$98M.

February 28, 2024 | 12:39 pm
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Lindblad Expeditions Holdings projects FY24 tour revenues of $610M-$630M, slightly below the market estimate of $626.1M, and an adjusted EBITDA of $88M-$98M.
The projected FY24 tour revenues being slightly below the market estimate could lead to a negative short-term impact on LIND's stock price as investors may adjust their expectations based on these projections. The forecasted adjusted EBITDA, while providing a range, still indicates a solid operational performance but may not be enough to counteract the lower revenue projection's immediate impact.
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