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Norwegian Cruise, results for the Third Quarter 2016


November 10, 2016 – Norwegian Cruise Line Holdings Ltd. yesterday reported financial results for the third quarter ended September 30, 2016, and provided guidance for the fourth quarter and full year 2016. The Company generated GAAP net income of $342.4 million or EPS of $1.50 compared to $251.8 million or $1.09 in the prior year. Adjusted Net Income was $369.3 million or Adjusted EPS of $1.62 compared to $311.1 million or $1.35 in the prior year. Total revenue increased 15.6% to $1.5 billion. Gross Yield increased 1.5%. Adjusted Net Yield increased 3.4% on a Constant Currency basis. The Company expects to generate record earnings with full year 2016 Adjusted EPS to be in the range of $3.38 to $3.42. "In 1966, the M/S Sunward departed on her first voyage from Miami to the Caribbean, marking not just the launch of Norwegian Cruise Line, but the modern cruise industry as we know it today," said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. "Fast forward fifty years, where we have reached yet another milestone, reporting the highest single quarter revenue and earnings in our history, bolstered by the addition of Norwegian Escape, Oceania Cruises' Sirena and Seven Seas Explorer to our fleet," continued Del Rio. GAAP net income was $342.4 million or EPS of $1.50 compared to $251.8 million or $1.09 in the prior year. The Company generated Adjusted Net Income of $369.3 million or Adjusted EPS of $1.62 compared to $311.1 million or $1.35 in the prior year.

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