Lightbridge Corp. (NASDAQ:LTBR) Q2 2016 Earnings Conference Call - Preliminary Transcript

Aug 12, 2019 • 11:00 am ET


Lightbridge Corp. (NASDAQ:LTBR) Q2 2016 Earnings Conference Call - Preliminary Transcript


Loading Event

Loading Transcript


Good morning, and welcome to the Norwegian Cruise Line Holdings First Quarter 2017 Earnings Conference Call. My name is Elizabeth and I will be your operator. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions for the session will follow at that time. (Operator Instructions) As a reminder to all participants this conference call is being recorded.

I would now like to turn the conference over to your host, Ms. Andrea DeMarco, Vice President, Investor Relations and Corporate Communications. Ms. DeMarco, please proceed.

Andrea DeMarco Sieger

Thank you, Elizabeth. Good morning, everyone, and thank you for joining us for our First Quarter 2017 Earnings Call. I'm joined today by Frank Del Rio, President and Chief Executive Officer of Norwegian Cruise Line Holdings; and Wendy Beck, Executive Vice President and Chief Financial Officer.

Frank will begin the call with opening commentary, after which Wendy will follow to discuss results for the quarter as well as provide guidance for 2017 before turning the call back to Frank for closing words. We will then open the call for your questions.

As a reminder, this conference call is being simultaneously webcast on the company's Investor Relations website at and will be available for replay for 30 days following today's call. Before we discuss our results, I would like to cover just a few items. Our press release with first quarter 2017 results was issued this morning and is available on our Investor Relations website. I would also like to review information about forward-looking statements and the use of non-GAAP information as a part of this call.

The company's comments today may include statements about expectations for the future. Those expectations are subject to known and unknown risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by these expectations.

The company cannot guarantee the accuracy of any forecast or estimate and we undertake no obligation to update forward-looking statements. If you would like more information on risks involved in forward-looking statements please see the company's SEC filings. In addition, some of our comments may reference non-GAAP financial measures, a reconciliation of the most directly comparable GAAP financial measure and other associated disclosures are contained in the company's earnings release.

With that, I'd like to turn the call over to Frank Del Rio. Frank?

Frank J. Del Rio

Thank you, Andrea, and good morning, everyone. 2017 has started out strong and I'm pleased to report solid Q1 results. The lively booking momentum we witnessed leading up to our last earnings call continued through the rest of the quarter and into the second quarter to-date, resulting in the best wave season that we and likely the industry has experienced in quite some time. This momentum has

resulted in strong booking volumes, coupled with double-digit pricing growth versus same time last year. This positive trend was seen across all our major destinations for all three