The company said it recorded net income of $360 million ($1.35 per diluted share) for Q1 2024, and adjusted net income of $478 million ($1.77 per diluted share). In the same quarter of the prior year, it posted a net loss of $(48) million ($(0.19) per share).

1. 01

   The company said it recorded net income of $360 million ($1.35 per diluted share) for Q1 2024, and adjusted net income of $478 million ($1.77 per diluted share). In the same quarter of the prior year, it posted a net loss of $(48) million ($(0.19) per share).

2. 02

   The company said total revenues for Q1 2024 were $3.7 billion, load factor was 107%, and Net Yields rose 19.3% in Constant Currency versus Q1 2023 (19.5% as-reported). The company said about half of the yield growth in Q1 came from higher ticket prices on existing ships.

3. 03

   The company raised its adjusted EPS outlook for fiscal 2024 to $10.70 to $10.90 and expects Net Yields to increase 9.0% to 10.0% in Constant Currency for the full year. It gave adjusted EPS guidance of $2.65 to $2.75 for Q2.

4. 04

   The company said operating cash flow for Q1 2024 was $1.3 billion, and customer deposits as of March 31, 2024 totaled $6.0 billion. In the same quarter, it refinanced $1.25 billion of 11.625% unsecured notes due 2027 with $1.25 billion of 6.25% unsecured notes due 2032.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

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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