May 14, 2020 / 11:14 AM / 23 days ago

Norwegian Cruise Line swings to $1.88 bln quarterly loss on charges

May 14 (Reuters) - Norwegian Cruise Line Holdings Ltd said on Thursday it recorded a non-cash impairment charge of $1.6 billion in the first quarter related to goodwill and tradename amid the COVID-19 pandemic.

The company recorded a net loss of $1.88 billion, or $8.80 per share, for the three months ended March 31, compared with a profit of $118.2 million, or 54 cents per share, a year earlier.

Reporting by Nivedita Balu in Bengaluru; Editing by Sriraj Kalluvila

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