Norwegian Cruise Line Holdings Ltd. Reports Net Loss of $159.3 Million for Q1 2023

Norwegian Cruise Line Holdings Ltd.(NCLH) has released its financial statements for the first quarter of 2023, showing a net loss of $159.3 million. However, despite the ongoing challenges faced by the cruise industry, the company's revenue reached $1.82 billion during the same period, indicating a significant recovery compared to the previous year.

Net Income/Loss

Norwegian Cruise Line Holdings Ltd. reported a net loss of $159.3 million for the first quarter of 2023. This is a notable improvement compared to the same period in 2022 when the company faced a massive net loss of $982.7 million. Although the company is still operating at a loss, the latest figures suggest some signs of recovery after a turbulent year.

Revenue