India, May 20 -- Passenger transport company Viking Holdings Ltd (VIK) reported Tuesday narrower net loss in its first quarter with higher revenues.
In the pre-market activity on the NYSE, Viking shares were losing around 5.6 percent to trade at $44.46.
In the first quarter, net loss attributable to the company was $105.47 million, compared to loss of $491 million last year. Loss per share was $0.24, compared to loss of $1.20 per share a year earlier.
The prior year's result included a loss of $330.5 million related to the net impact of the Private Placement derivative loss and interest expense related to the Company's Series C Preference Shares.
Adjusted net loss in the prior year was $137.9 million or $0.33 per share.
The Wall Street...