) are trading higher on Tuesday after the company posted its second quarter report. The results revealed a resilient demand for its services, as revenue increased 18% year over year. In addition, the company raised its full-year adjusted EBITDA forecast.Moving to the upside being on the top and bottom line also raising its full year guidance.The call expected to get underway in just about 30 minutes from now.
And when you take a look at those booking numbers here, the fact that we are seeing such demand, not only for its most recent quarter, but looking out of the fiscal third quarter, obviously, the street very encouraged by some of the guidance numbers that we're getting out this morning too. But ultimately here, one of the things that kind of jumped out to me within this release, the company is saying based on continued strong demand trends, they're taking up their expectations for the year with net yields now forecasted to top 10% propelling them towards double digit returns on invested capital, their upwardly revised guidance.They're gonna be on average about two thirds of the way to achieving their 3 2026 sea change targets after just one year.
I I had to throw in a pun somewhere, of course, you know, and when you take a look at some of their competitors as well, because take a look at that when you uh the the gains that we're seeing almost across the board on the heels of these results uh from carnival, you'll get Royal Caribbean up just over 1% in a region, up just around 2.5%.
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