Shares of Norwegian Cruise Line Holdings Ltd. dropped 6.6% in premarket trading Tuesday, after the cruise operator reported a wider-than-expected loss, while...
Shares of Norwegian Cruise Line Holdings Ltd.
dropped 6.6% in premarket trading Tuesday, after the cruise operator reported a wider-than-expected loss, while revenue rose above forecasts. Net losses narrowed to $482.5 million, or $1.14 a share, from $1.57 billion, or $4.01 a share, in the year-ago period. Excluding nonrecurring items, the adjusted per-share loss narrowed to $1.04 from $1.95 but missed the FactSet loss consensus of 86 cents. Revenue more than tripled to $1.52 billion from $487.
dropped 6.6% in premarket trading Tuesday, after the cruise operator reported a wider-than-expected loss, while revenue rose above forecasts. Net losses narrowed to $482.5 million, or $1.14 a share, from $1.57 billion, or $4.01 a share, in the year-ago period. Excluding nonrecurring items, the adjusted per-share loss narrowed to $1.04 from $1.95 but missed the FactSet loss consensus of 86 cents. Revenue more than tripled to $1.52 billion from $487.
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