Carnival Corp. (CCL) Issues Q1 Business Update

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CARNIVAL CORPORATION & PLC PROVIDES FIRST QUARTER 2022 BUSINESS UPDATE

March 22, 2022 9:15 AM UTC

MIAMI, March 22, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides first quarter 2022 business update.

U.S. GAAP net loss of $1.9 billion and adjusted net loss of $1.9 billion for the first quarter of 2022.First quarter 2022 ended with $7.2 billion of liquidity, including cash, short-term investments and borrowings available under the company's revolving credit facility. For the cruise segments, revenue per passenger cruise day ("PCD") for the first quarter of 2022 increased approximately... More