Carnival said it posted revenues of $5,810 million and operating income of $543 million for the Q1 2025 quarter ended February 28, 3 months into the year. Operating income in the prior-year period was $276 million.

1. 01

   Carnival said it posted revenues of $5,810 million and operating income of $543 million for the Q1 2025 quarter ended February 28, 3 months into the year. Operating income in the prior-year period was $276 million.

2. 02

   Carnival said its net loss for Q1 was $78 million ($(0.06) diluted EPS), which included $252 million in debt extinguishment costs tied to its refinancing transactions. Adjusted net income was $174 million.

3. 03

   The company said it refinanced $5.5 billion of debt during Q1 and expects annualized interest expense savings of $145 million. Debt was reduced by $0.5 billion to $27.0 billion at quarter-end.

4. 04

   The company said it expects full-year 2025 adjusted net income to rise more than 30% from 2024 and to be $185 million better than its December guidance. It said it expects adjusted EBITDA of approximately $6.7 billion.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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