Cruise operator Viking down as Q2 net income falls

Viking Holdings(Pembroke)

22/08/2024 15:06

** Shares of cruise operator Viking Holdings  VIK.N  down
6.5% at $34.04
    ** Viking's Q2 net income falls 18% to $155.8 million from a
year ago
    ** Net income includes a loss of $123 million from
revaluation of warrants issued by co due to stock price
appreciation, VIK says
    ** Excluding items, co reports Q2 net income of $344.6
million
    ** Q2 revenue up 9.1% at $1.59 billion vs estimates of $1.43
billion - LSEG
    ** As of last close, stock up 39% since its first day of
trading on May 1

 (Reporting by Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com;))