01 May 2025

Foreign Exchange and Drydocks Impact NCLH Q1 Results

Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings posted a loss of $40.3 million in revenues of $2.1 billion for the first quarter of this year, compared to net income of $17.4 million in revenues of $2.2 billion last year. This year’s loss was largely the result of foreign exchange losses of $23 million, compared to gains of $13 million last year, and a $29 million increase in marketing, general, and administrative expenses year over year.
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