| Lindblad 2016 results

LINDBLAD Expeditions Holdings’ net income took a dive of US$14.7 million for the full year 2016 on the period prior, the company’s financial results show.

Net income for 2016 was US$5.1m, compared to US$19.7m in 2015 with adjusted EBITDA in 2016 of $41.7m, a decrease of 11% on 2015.

The company expects to see improvement in 2017 results with tour revenues of between US$278-US$284m and growth in EBITDA of US$50-US$52m.