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Carnival Corp. Reports Nearly $2 Billion Quarterly Loss as Cruise Cancellations Weigh – gCaptain

Carnival Corp. Reports Nearly $2 Billion Quarterly Loss as Cruise Cancellations Weigh – gCaptain
gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.

Arnold Donald , Shinjini Ganguli , Uday Sampath , Joe Biden , Carnival Corp , Chief Executive Officer Arnold Donald , அர்னால்ட் டொனால்ட் , ஷின்ஜினி கங்குலி , ஊடாய் சம்பத் , ஓஹோ பிடென் , திருவிழா கார்ப் , தலைமை நிர்வாகி அதிகாரி அர்னால்ட் டொனால்ட் ,

Carnival Corporation & plc Provides Preliminary Financial Information For The Fourth Quarter

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Carnival Corporation & plc Provides Preliminary Financial Information For The Fourth Quarter
January 11, 2021 GMT
MIAMI, Jan. 11, 2021 /PRNewswire/ Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides preliminary financial information for the fourth quarter ended November 30, 2020.
U.S. GAAP net loss of $2.2 billion and adjusted net loss of $1.9 billion for the fourth quarter of 2020.
Fourth quarter 2020 ended with $9.5 billion of cash and cash equivalents.
Cash burn rate in the fourth quarter 2020 was slightly better than expected due to the timing of capital expenditures.
The company has accelerated the removal of 19 less efficient ships, 15 of which have already left the fleet. ....

United States , United Kingdom , Arnold Donald , David Bernstein , Registro Italiano Navale , Prnewswire Carnival Corporation , Centers For Disease , Carnival Corporation , Biosafety Trust Certification , Princess Cruises , Securities Exchange , Holland America Line , Chief Executive Officer Arnold Donald , Disease Control , Conditional Sailing Order , Chief Financial Officer David Bernstein , North America , Carnival Cruise Line , Costa Cruises , Securities Act , Securities Exchange Act , Technology Issues , Data Privacy , Coronavirus Pandemic , Cruise Operators , Consumer Products And Services ,

Carnival PLC - Carnival 4Q Preliminary Financial Info

Carnival PLC - Carnival 4Q Preliminary Financial Info
Carnival Corporation & plc Provides Preliminary Financial Information For The Fourth Quarter
MIAMI, Jan. 11, 2021 /PRNewswire/ Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) provides preliminary financial information for the fourth quarter ended November 30, 2020.
U.S. GAAP net loss of $2.2 billion and adjusted net loss of $1.9 billion for the fourth quarter of 2020.
Fourth quarter 2020 ended with $9.5 billion of cash and cash equivalents.
Cash burn rate in the fourth quarter 2020 was slightly better than expected due to the timing of capital expenditures.
The company has accelerated the removal of 19 less efficient ships, 15 of which have already left the fleet. ....

United States , United Kingdom , Arnold Donald , David Bernstein , Roger Frizzell , Registro Italiano Navale , Beth Roberts , Prnewswire Carnival Corporation , Centers For Disease , Carnival Corporation , Biosafety Trust Certification , Princess Cruises , Securities Exchange , Holland America Line , Chief Executive Officer Arnold Donald , Disease Control , Conditional Sailing Order , Chief Financial Officer David Bernstein , North America , Cruise Line , Costa Cruises , Securities Act , Securities Exchange Act , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , அர்னால்ட் டொனால்ட் ,