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Carnival Corp. Q1 Loss Drops

Carnival Corp. (CCL) reported Loss for first quarter that decreased from the same period last year

The company's bottom line came in at -$1.89 billion, or -$1.66 per share. This compares with -$1.97 billion, or -$1.80 per share, in last year's first quarter.

The company's revenue for the quarter rose 5300% to $1.62 billion from $0.03 billion last year.

Carnival Corp. earnings at a glance (GAAP) :

-Earnings (Q1): -$1.89 Bln. vs. -$1.97 Bln. last year.
-EPS (Q1): -$1.66 vs. -$1.80 last year.
-Revenue (Q1): $1.62 Bln vs. $0.03 Bln last year.

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