(Updates with recent stock movement in headline and first paragraph.)
Lindblad Expeditions (LIND) shares rose 9.9% in afternoon trading on Monday after the company posted better-than expected Q2 results, as well as boosted its full-year 2026 tour revenue guidance.
The company reported a Q2 undistributed loss on Monday of $0.02 per diluted share, narrowing from a loss of $0.18 a year earlier.
Analysts polled by FactSet expected a loss of $0.10.
Tour revenue for the quarter ended June 30 was $199.2 million, up from $167.9 million a year earlier.
Analysts expected $185.9 million.
For 2026, the company raised its tour revenue guidance to between $830 million and $860 million, up from its previous projection of $800 million to $850 million.
Analysts expect $849.0 million.
Price: $32.50, Change: $+2.92, Percent Change: +9.87%