Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Q1 2023 Earnings Conference Call May 3, 2023 8:30 AM ET

Company Participants

Craig Felenstein - Chief Financial Officer

Dolf Berle - Chief Executive Officer

Conference Call Participants

Steven Wieczynski - Stifel, Nicolaus & Company, Inc.

Jonathan Jenkins - Oppenheimer & Co. Inc.

Alex Fuhrman - Craig-Hallum Capital Group LLC

Operator

Good morning or good afternoon, and welcome to the Lindblad Expeditions First Quarter Financial Results Call. My name is Adam, and I'll be your operator for today. [Operator Instructions]

I will now hand the call over to Chief Financial Officer, Craig Felenstein, to begin. So, Craig, please go ahead, when you are ready.

Craig Felenstein

Thank you, Adam. Good morning, everyone, and thank you for joining us for Lindblad's 2023 first quarter earnings call. With me on the call today is Dolf Berle, Lindblad's Chief Executive Officer. Dolf will begin with some opening comments, and then I will follow with some details on our financial results, balance sheet and current 2023 expectations before we open the call for Q&A. You can find our latest earnings release in the Investor Relations section of our website.

Before we get started, let me remind everyone that the company's comments today may include forward-looking statements. Those expectations are subject to risks and uncertainties that may cause actual results and performance to be materially different from these expectations. The company cannot guarantee the accuracy of any forecast or estimates and we undertake no obligation to update any such forward-looking statements. If you would like more information on the risks involved in forward-looking statements, please see the company's SEC filings. In addition, our comments may reference non-GAAP financial measures. A reconciliation of the most directly comparable GAAP financial measures and other associated disclosures are contained in the company's earnings release.

And with that out of the way, let me turn the call over to Dolf.

Dolf Berle

Thanks, Craig. Good morning, everyone, and thanks for joining us today. Not long ago, I wrote our annual report letter to shareholders and described 2022 as a year of resurgence for our company. It was a year with many highlights, returning to full operations on all our ships, the first full-year and brilliant performance at both poles of our new Bluewater ships, the National Geographic Endurance and the National Geographic Resolution. In the Galapagos, the extremely positive reception of our guests to the Islander II and the securing of 20 more years of coupos to operate there. And the record-setting financial performance of our land companies were all reasons for celebration.