Lindblad Expeditions Holdings, Inc. Reports 2021 Third Quarter Financial Results
Third quarter tour revenues of $64.5 million increased $63.5 million as compared to the same period in 2020. The increase was driven by a $33.1 million increase at the Lindblad segment and a $30.4 million increase at the Land Experiences segment primarily due to the resumption of additional expeditions and trips during the third quarter of 2021. Third quarter Adjusted EBITDA loss of $6.6 million improved $10.9 million as compared to the same period in 2020. The increase was driven by a $4.5 million improvement at the Lindblad segment and a $6.4 million improvement at the Land Experiences segment.
Nov 08 2021
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