Norwegian Cruise Line Shares Surge on Upbeat 2023 Outlook Despite Q4 Loss
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Norwegian Cruise Line (NCLH) reported a $0.18 per share quarterly loss but provided upbeat Q1 guidance, sending shares up over 19%
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NCLH reported a 32% jump in revenue versus 2019 and record occupancy of 102.9% for 2022
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Advance ticket sales for 2023 are at a record $3.2 billion, up 56% versus end of 2019, giving NCLH pricing power
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NCLH had the most new ship deliveries in a year in 2022 with very nice new vessels
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NCLH is projected to return to full-year profitability in 2024 for the first time since 2019