Norwegian Cruise Line Q2 net income climbs to $222.55 million; revenue rises to $2.64 billion - NCLH News | RalliesNorwegian Cruise Line Q2 net income climbs to $222.55 million; revenue rises to $2.64 billion
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NCLH• Full-year guidance
- Full-year guidance calls for adjusted EBITDA of about USD 2.5 billion, adjusted net income of about USD 700 million, adjusted EPS of about USD 1.5.
Second-quarter results
- Norwegian Cruise Line posted GAAP net income of USD 222.55 million, swinging from USD 29.99 million a year earlier; diluted EPS held at USD 0.48.
- Adjusted EBITDA (non-GAAP) eased 4.1% to USD 665.52 million; adjusted EBITDA margin narrowed to 25.2% from 27.6%.
- Revenue rose 4.9% to USD 2.64 billion; capacity days increased to 6,589,740 from 6,052,273.
- Occupancy was 102.4%; net yield fell 2.6% versus guidance while adjusted net cruise cost excluding fuel declined 0.5% versus guidance.