Summary by Futu AI
On March 27, 2024, Carnival Corporation & plc, a dual-listed company under Carnival Corporation in Panama and Carnival plc in England and Wales, reported record first-quarter revenues and all-time high booking levels. The company, which trades under the symbols CCL and CUK on the New York Stock Exchange, announced a significant improvement in its first-quarter bottom line compared to the previous year, with a nearly $500 million increase. Adjusted net loss was better than expected, and the company saw a surge in demand that drove ticket prices higher. Carnival Corporation & plc also highlighted its operational achievements, including the redemption of its remaining second lien debt and the ordering of its first newbuilds in five years, which are scheduled for delivery...Show More