Carnival Corporation posts first profit since pandemic

Capt. John

For the first time since the resumption of guest cruise operations following the COVID-19 shutdown, Carnival Corporation’s U.S. GAAP net income turned positive in third quarter 2023, generating $1.07 billion. Adjusted net income of $1.18 billion exceeded the cruise giant’s June guidance range of $0.95 billion to $1.05 billion.

Other highlights included:

  • Third quarter revenues hit an all-time high of $6.9 billion.
  • Continued strength in close-in demand enabled the company to increase its net per...

https://www.marinelog.com/passenger/cruiseships/carnival-corporation-posts-first-profit-since-pandemic/

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