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How did Norwegian Cruise Line perform in Q4?

Cruise company Norwegian Cruise Line (NYSE:NCLH) reported Q4 FY2023 results topping analysts' expectations , with revenue up 30.8% year on year to $1.99 billion. It made a non-GAAP loss of $0.18 per share, improving from its loss of $1.04 per share in the same quarter last year. Is now the time to buy Norwegian Cruise Line?

Is NCLH a good investment?

The analyst cites improved valuation after years of underperformance and effective cost-cutting measures. Additionally, NCLH's optimization of fleet itineraries and private island developments is expected to drive significant yield growth, presenting a compelling investment opportunity.

What is Norwegian's new 'charting the course' strategy?

On Monday, Norwegian also said it would discuss its new “Charting the Course” strategy. The strategy includes a “refreshed vision” and three-year financial targets, “geared at enhancing shareholder returns.”

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