Tuesday, June 27, 2023

Carnival Corp. Q2 Adj. Loss Narrows; Introduces SEA Change Program

Carnival Corporation & plc (CCL, CCL.L, CUK) said the company reached a meaningful inflection point for revenue during its second quarter, with net yields surpassing 2019's strong levels. The company recorded positive operating income, cash from operations and adjusted free cash flow during the quarter. Carnival noted that it saw continued acceleration of demand, with total bookings made during the quarter reaching a new all-time high for all future sailings.

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