Record Financial Results for First Quarter Signal New Optimism for Carnival Corp.
Sunday, 5 May 2024, 23:49
Summary:
Things are looking up, but not all the clouds are gone. Travel company Carnival Corp. (NYSE: CCL) has struggled since the early days of the COVID-19 pandemic.
Booming Q1 Results:
- Record $5.4 billion in revenue
- Increased bottom-line income
- Record passenger booking revenue
- $7 billion in customer deposits
Key Point: Company is on the right track with debt reduction efforts but needs further improvements.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.