(C) Reuters. FILE PHOTO: U.S. Norwegian Cruise Line Holdings cruise ship Marina arrives at the Havana bay, Cuba March 9, 2017. REUTERS/Alexandre Meneghini
(Reuters) – Norwegian Cruise Line (NYSE:NCLH) Holdings Ltd on Tuesday missed Wall Street estimates for quarterly revenue, as people’s travel plans were hampered due to a resurgence in COVID-19 infections and Russia’s invasion of Ukraine.
The cruise operator’s revenue rose to $521.9 million in the first quarter from $3.1 million a year earlier, but missed analysts’ average estimate of $737.5 million, according to IBES data from Refinitiv.
Norwegian Cruise Line misses quarterly revenue estimates