The company said total revenues for Q3 2024 increased from $4.2 billion a year earlier by $726 million, or $4.9 billion, and cited higher capacity, ticket prices and onboard spending as the main factors.

1. 01

   The company said total revenues for Q3 2024 increased from $4.2 billion a year earlier by $726 million, or $4.9 billion, and cited higher capacity, ticket prices and onboard spending as the main factors.

2. 02

   Royal Caribbean Group said Net Income attributable to Royal Caribbean Cruises Ltd. for Q3 2024 was $1.1 billion and Adjusted Net Income was $1.4 billion. For Q3 2023, the figures were $1.0 billion and $1.1 billion, respectively.

3. 03

   The company said net cash provided by operating activities for the 9 months ended September 30, 2024 was $3.8 billion ($3.4 billion a year earlier), and net cash used in investing activities was $2.8 billion ($1.3 billion a year earlier).

4. 04

   Royal Caribbean said it exchanged approximately $827 million in aggregate principal amount of its 6.00% Convertible Senior Notes due 2025 for approximately 11.4 million shares of common stock and $827 million in cash in August 2024. In the same month, it also issued $2.0 billion of 6.00% senior unsecured notes.

Key figures

Quarter ended September 30, 2024

Revenue

$4.9B

Operating income

$1.6B

Net income

$1.1B

EPS

$4.21

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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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