Call Start: 10:00 January 1, 0000 10:52 AM ET
Royal Caribbean Cruises Ltd. (NYSE:RCL)
Q3 2023 Earnings Conference Call
October 26, 2023 10:00 AM ET
Company Participants
Michael McCarthy - Vice President of Investor Relations
Jason Liberty - Chief Executive Officer
Naftali Holtz - Chief Financial Officer
Michael Bailey - President and CEO of Royal Caribbean International
Conference Call Participants
Steven Wieczynski - Stifel
Robin Farley - UBS
Brandt Montour - Barclays
Vince Ciepiel - Cleveland Research Company
Dan Politzer - Wells Fargo
Matthew Boss - JPMorgan
Operator
Good morning. My name is Regina, and I will be your conference operator today. At this time, I’d like to welcome everyone to the Royal Caribbean Group Third Quarter 2023 and Business Update Earnings Call. [Operator Instructions]
I would now like to introduce Michael McCarthy, Vice President of Investor Relations. Mr. McCarthy, the floor is yours.
Michael McCarthy
Good morning, everyone and thank you for joining us today for our third quarter 2023 earnings call. Joining me here in Miami are Jason Liberty, our Chief Executive Officer; Naftali Holtz, our Chief Financial Officer; and Michael Bailey, President and CEO of Royal Caribbean International.
Before we get started, I’d like to note that we will be making forward-looking statements during this call. These statements are based on management's current expectations and are subject to risks and uncertainties. A number of factors could cause actual results to differ materially from our current expectations. Please refer to our earnings release issued this morning as well as our filings with the SEC for a description of these factors. We do not undertake to update any forward-looking statements as circumstances change.
Also, we will be discussing certain non-GAAP financial measures, which are adjusted as defined, and a reconciliation of all non-GAAP items can be found on our Investor Relations website and in our earnings release. Unless we state otherwise, all metrics are on a constant currency adjusted basis.
Jason will begin the call by providing a strategic overview and update on the business. Naftali will follow with a recap of our third quarter and an update on our latest actions and on the current booking environment. We will then open the call for your questions.
With that, I’m pleased to turn the call over to Jason.
Jason Liberty
Thank you, Michael, and good morning, everyone. Before we begin today, I would like to first acknowledge the devastating events taking place in the Middle East. The horrific terrorist attacks on Israel over 2 weeks ago have no place in a civilized society. The scale and the barbarity of those attacks should shock us all and brings the situation in the Middle East to a very dangerous low.