Norwegian Cruise Line's profit up 33% in Q3
Norwegian Cruise Line Holdings said it earned $170.9 million in the third quarter, up from $128.4 million a year earlier.
Revenue grew 18% to $797.8 million, up from $674.4 million.
"Improved ticket pricing and onboard spend, along with better-than-expected results from business-improvement initiatives drove incremental earnings in the quarter," CEO Kevin Sheehan said in a prepared statement.
Norwegian forecast that it will earn between $276 million and $286 million for the year.
The company has scheduled a conference call to discuss the results at 10 a.m. Oct. 29.
Revenue grew 18% to $797.8 million, up from $674.4 million.
"Improved ticket pricing and onboard spend, along with better-than-expected results from business-improvement initiatives drove incremental earnings in the quarter," CEO Kevin Sheehan said in a prepared statement.
Norwegian forecast that it will earn between $276 million and $286 million for the year.
The company has scheduled a conference call to discuss the results at 10 a.m. Oct. 29.
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