Lindblad Expeditions cites coronavirus in second-quarter loss

Lindblad Expeditions Holdings Inc. reported a second-quarter loss of $39.7 million mostly tied to the coronavirus pandemic but said it has “substantial advanced bookings” for 2021. The loss compares to a $1 million profit the same period last year.

“These past five months have been really tough on so many fronts,” Sven-Olof Lindblad, CEO of the New York-based public company, said during Monday’s earnings call. “We have taken a financial hit and we have had to furlough our employees and reduce...

https://www.workboat.com/news/passenger-vessels/lindblad-expeditions-cites-coronavirus-in-reporting-second-quarter-loss/

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