Aug 6 (Reuters) - Norwegian Cruise Line Holdings Ltd
:
* NORWEGIAN CRUISE LINE HOLDINGS REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS
* Q2 GAAP LOSS PER SHARE $2.99
* Q2 EARNINGS PER SHARE ESTIMATE $-2.26 -- REFINITIV IBES DATA
* TARGETED MONTHLY CASH BURN IS ON AVERAGE, APPROXIMATELY $160 MILLION PER MONTH DURING SUSPENSION OF OPERATIONS
* QTRLY REVENUE DECREASED TO $16.9 MILLION COMPARED TO $1.7 BILLION IN 2019
* NEW MONTHLY CASH BURN ESTIMATE IS AT HIGH END OF PREVIOUSLY DISCLOSED RANGE
* AS OF JUNE 30, 2020, COMPANY'S TOTAL DEBT POSITION WAS $10.3 BILLION
* ANTICIPATED TOTAL CAPITAL EXPENDITURES FOR THE REMAINDER OF 2020 ARE APPROXIMATELY $160 MILLION
* CASH AND CASH EQUIVALENTS WERE $2.3 BILLION
* BELIEVES IT WAS IN COMPLIANCE WITH ALL DEBT COVENANTS
* OVERALL CUMULATIVE BOOKED POSITION AND PRICING FOR 2021 ARE WITHIN HISTORICAL RANGES
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