Lindblad Expeditions Holdings Inc. (LIND) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, this is the operator. Today's conference is scheduled to begin momentarily. Until that time, your lines will again be placed on music hold. Thank you for your patience. Hello, and thank you for standing by. My name is Bella, and I will be your conference operator today. At this time, I would like to welcome everyone to Lindblad Expeditions Holdings, Inc., 2025 fourth quarter and full year financial results. All lines have been placed on mute to prevent any backward noise. After the speaker's remarks, there will be a question and answer session. We do request for today's session that you please limit to two questions. If you would like to ask a question during this time, Simply press star, then the number one on your telephone keypad. To withdraw your questions, press star one again. I would now like to turn the conference over to Rick Goldberg, Chief Financial Officer. You may begin. Thank you, Operator. Good morning, everyone, and thank you for joining us for Lindblad's fourth quarter 2025 earnings call. With me on today's call is Natalia Leahy, our Chief Executive Officer. Natalia will begin with some opening comments, and I will follow with details on our 2025 results and 2026 expectations before we open the call for Q&A. As always, you can find our latest earnings release in the investor relations section of our website. But before we get to all of that, I'd like to 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-looki...