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Update: Viking Shares Rise After Q1 Adjusted Loss Narrows, Revenue Increases; CFO Leah Talactac Named as CEO

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(Updates to include Viking stock movement in the headline and first paragraph.)

Viking (VIK) shares were up more than 10% in Thursday trading after the company posted Q1 results that beat market expectations.

The company reported a Q1 adjusted loss of $0.11 per share, narrower than a loss of $0.24 a year earlier.

Analysts polled by FactSet expected a loss of $0.13.

Revenue for the quarter ended March 31 was $1.05 billion, compared with $897.1 million a year earlier.

Analysts polled by FactSet expected $1.01 billion.

Additionally, Viking said it appointed Chief Financial Officer Leah Talactac as chief executive officer.

The company said CEO Torstein Hagen will become executive chairman and remain chairman of the board.

It added that it has named Executive Vice President of Finance Linh Banh as CFO.

Price: $91.19, Change: $+9.02, Percent Change: +10.97%

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