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Carnival Company & plc. (NYSE: CCL) on Wednesday reported a double-digit progress in revenues for the primary quarter of 2024. The cruise line operator’s web loss narrowed sharply.
Revenues elevated by double digits to $5.41 billion within the February quarter, reflecting robust progress in each working segments. Occupancy elevated sharply to 102%.
Consequently, Q1 web loss narrowed to $214 million or $0.17 per share from $693 million or $0.55 per share within the corresponding interval of 2023. The administration stated it expects full-year adjusted EBITDA to be round $5.63 billion.
“This has been a incredible begin to the yr. We delivered one other robust quarter that outperformed steerage on each measure whereas concluding a monumental wave season that achieved all-time excessive reserving volumes at significantly larger costs,” stated Carnival’s chief govt officer Josh Weinstein.
Prior Efficiency
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