Sabre

Sabre Corp. is a technology solutions provider to the global travel and tourism industry. It provides data-driven business intelligence, mobile, distribution and software-as-a-service solutions. The firm operates through the following segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment provides global travel for suppliers and buyers through a business-to-business travel marketplace. The Hospitality Solutions segment provides software and solutions, through SaaS and hosted delivery models, to hoteliers around the world. The company was founded in December 2006 and is headquartered in Southlake, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sabre reports solid Q4 earnings, eyes recovery challenges and growth

Sabre's Q4 2022 earnings call showcased a mix of strong performance, strategic partnerships, and challenges faced in late 2022. The company remains optimistic about recovery in 2023, despite acknowledging setbacks. Analyst inquiries focused on recovery impacts and tech savings targets, highlighting areas of concern and potential growth opportunities.

Sabre reports positive Q1 earnings, eyes growth amid cost savings

Sabre's Q1 2023 performance showed positive revenue growth and EBITDA, with a focus on achieving positive free cash flow for the full year.
Despite facing challenges in meeting guidance and cost reduction targets, the company remains confident in its strategic growth initiatives.
Opportunities lie in industry volume growth, strategic initiatives, and tech transformation progress, positioning Sabre for future growth.
Overall, Sabre's performance, strengths, challenges, and opportunities indicate a strategic focus on growth and efficiency in a dynamic market.

Sabre surpasses Q2 expectations, eyes growth amidst debt challenges

Sabre's Q2 performance exceeded expectations, with strong revenue growth and strategic progress.
The company faces challenges in managing debt, IT Solutions revenue, and maintaining booking fees.
Opportunities lie in industry growth, technology initiatives, revenue optimization, and debt refinancing.
Overall, Sabre's performance reflects a positive trajectory with a focus on long-term financial targets.

Sabre surpasses Q3 expectations with strong revenue growth and partnerships

Sabre's Q3 performance exceeded expectations, driven by revenue growth, margin expansion, and successful business wins in Travel and Hospitality Solutions.
The company's technology transformation to Google Cloud is on track, with significant financial benefits expected by 2024, while strategic priorities focus on sustainable growth and innovation.
Challenges include slower leisure travel recovery and the relatively small impact of NDC on average booking fees, but Sabre is well-positioned to capitalize on opportunities in NDC growth and IATA's one order agenda.
Overall, Sabre's strong financial performance, strategic partnerships, and technology advancements position the company for continued growth and value creation in the travel industry.

Sabre reports robust Q4 earnings, eyes growth in airline channels

Sabre's Q4 2023 Earnings Call highlighted strong financial performance, strategic priorities for growth, and investments in technology transformation. The company remains optimistic about future industry growth, positioning itself well in the GDS market.

Sabre exceeds Q1 guidance, eyes growth in NDC volumes

Sabre's Q1 2024 Earnings Call showcased strong financial performance, strategic wins, and progress in technology transformation. Despite challenges like higher wage rates impacting cost efficiency, the company is focused on maintaining liquidity and seizing growth opportunities. With a positive outlook for revenue, adjusted EBITDA, and free cash flow, Sabre is poised for continued success in 2024.

Sabre surpasses Q2 expectations, targets EBITDA growth amid partnerships

Sabre's Q2 2024 performance exceeded expectations, showcasing revenue growth, improved EBITDA, and positive free cash flow.
The company's strategic focus on doubling EBITDA by 2025 and securing key partnerships positions Sabre for sustained growth.
While facing industry challenges and uncertainties, Sabre's financial resilience and growth initiatives present opportunities for future success.

Sabre reports robust Q3 earnings, eyes growth in hotel distribution

Sabre's Q3 2024 Earnings Call showcased strong financial performance, progress on growth strategies, and positive outlook for the future. The company's focus on key strategic priorities and partnerships positions it well for sustained growth and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sabre Corp. is a software and technology company, which engages in technology solutions to the global travel and tourism industry. It provides data-driven business intelligence, mobile, distribution, and software-as-a-service (SaaS) solutions. It operates through the Travel Solutions and Hospitality Solutions segments. The Travel Solutions segment provides global travel for suppliers and buyers through a business-to-business travel marketplace. The Hospitality Solutions segment provides software and solutions, through SaaS and hosted delivery models, to hoteliers around the world. The company was founded in December 2006 and is headquartered in Southlake, TX.

Frasers Hospitality to implement SynXis Retailing in retailing strategy enhancement SOUTHLAKE, Texas , June 11, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, and Frasers Hospitality, a global investor and operator of serviced apartments and hotel residences, today announced a strategic partnership to deploy Sabre Hospitality's latest solution, SynXis® Retailing, as part of Fraser's retailing strategy, marking a pivotal step in its commitment to retail innovation and superior guest services. "We are thrilled to partner with Frasers Hospitality in revolutionizing the guest experience and driving revenue growth through SynXis Retailing," said Scott Wilson, President, Sabre Hospitality.

Frasers Hospitality partners with Sabre Hospitality to elevate guest experience

Proprietary, intelligent end-to-end platform enables airlines to fully transform and modernize their retailing strategies  Powered by Google's industry-leading AI and Google Cloud architecture, SabreMosaic is built for flexibility and speed through a modular and open technology structure SOUTHLAKE, Texas , May 22, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the travel industry, today introduced SabreMosaicTM , a new intelligent, modular and open technology platform – built to transform the way airlines retail. By moving away from the limitations of today's PNR-driven world to a modern Offer and Order approach, SabreMosaic empowers airlines to deliver a more personalized and dynamic retailing experience, while creating new revenue opportunities.

Sabre introduces SabreMosaic™, its revolutionary Offer and Order retailing platform for airlines

SOUTHLAKE, Texas and RIYADH, Saudi Arabia , May 7, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, and Taiba Investments, a leading Saudi hospitality company with an extensive record in managing, developing, and operating hotels and residential compounds across the Kingdom of Saudi Arabia, announced the signing of a strategic technology agreement at the Arabian Travel Market event in Dubai . This collaboration will see the adoption of Sabre Hospitality's SynXis platform across multiple hotel brands within Taiba Investments' portfolio, including Makarem and Nur.

Sabre and Taiba Investments Forge Strategic Partnership to Enhance Hotel Distribution in Saudi Arabia

Sabre's (SABR) first-quarter 2023 performance reflects the gains from solid growth in global air, hotel and other travel bookings combined with higher average booking fees and an improved cost structure.

Sabre (SABR) Posts Narrower Q1 Loss, Beats Revenue Estimates

Sabre Corporation (NASDAQ:SABR ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Brian Evans - Senior Vice President of Investor Relations and Treasurer Kurt Ekert - President and Chief Executive Officer Mike Randolfi - Chief Financial Officer Scott Wilson - Executive Vice President and President of Hospitality Solutions Conference Call Participants Jed Kelly - Oppenheimer James Lee - Mizuho Brett Knoblauch - Cantor Fitzgerald Dan Wasiolek - Morningstar Alex Irving - Bernstein Victor Cheng - Bank of America Ryan Bressner - Morgan Stanley Operator Good morning and welcome to the Sabre First Quarter 2024 Earnings Conference Call. My name is Gerald and I will be your operator.

Sabre Corporation (SABR) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Sabre (SABR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Sabre (SABR) Reports Q1 Earnings: What Key Metrics Have to Say

Sabre (SABR) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.18 per share a year ago.

Sabre (SABR) Reports Q1 Loss, Tops Revenue Estimates

SOUTHLAKE, Texas , May 2, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended March 31, 2024. Sabre has posted its first quarter 2024 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results.

Sabre's first quarter 2024 earnings materials available on its Investor Relations website

Wyndham Hotels & Resorts Inc

More than 5,000 Wyndham hotels now on Sabre SynXis Property Hub, nearly one year ahead of schedule SOUTHLAKE, Texas , May 1, 2024 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading technology provider that powers the global travel industry, today announced a multi-year renewal with Wyndham Hotels & Resorts, following the hotel franchisor's highly successful adoption of SynXis Property Hub, Sabre Hospitality's property management system (PMS). With seamless integration to SynXis Central Reservation System as a single source of truth, SynXis Property Hub increases operational efficiency by reducing the time to execute routine tasks and allows hoteliers to access their property from anywhere through cloud-native technology.

Sabre Hospitality renews Wyndham following accelerated migration

SOUTHLAKE, Texas and AUCKLAND, New Zealand , April 29, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, today announced that Serko has launched Sabre NDC content in Zeno, the online travel platform for the business travel market. The activation makes Sabre the first GDS to provide NDC content through Zeno.

Serko's corporate travel platform, Zeno, launches NDC offers through Sabre

SOUTHLAKE, Texas , April 25, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, today announced a new multi-year agreement with National Travel, a global travel agency ranked among the Top 25 Travel Management Companies in the United States by Business Travel News. The new agreement gives National Travel, which books a considerable amount of government travel, access to the robust travel content in the Sabre travel marketplace, helping to drive efficiencies and support its revenue growth goals.

National Travel selects Sabre distribution network to help better serve Federal Government Agencies

SOUTHLAKE, Texas , April 19, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) announced plans to host a live webcast of its 2024 Annual Meeting of Stockholders on April 24, 2024 at 10:30 a.m. ET.  The webcast will be accessible by visiting the Investor Relations section of Sabre's website at investors.sabre.com, and a replay of the event will be available on the website for at least 90 days following the event.

Sabre announces upcoming webcasts of its 2024 Annual Meeting of Stockholders and first quarter 2024 earnings conference call

Renewed commitment marks a new chapter in Air Serbia's strategic and operational efficiency The airline adopts Sabre's advanced analytics for strategic decision-making and competitive advantage LONDON , April 16, 2024 /PRNewswire/ -- Air Serbia, Serbia's national airline, which offers an extensive flight network across Europe, the US, and China, has reaffirmed its partnership with Sabre Corporation (NASDAQ: SABR), by signing a multi-year early renewal. This signifies the carrier's commitment to continue its successful partnership with Sabre, and also marks a significant milestone with the adoption of Sabre's Pricing and Revenue Optimization suite of solutions into Air Serbia's strategy.

Air Serbia Expands Strategic Growth and Customer Experience Enhancement with Sabre's Advanced Revenue and Passenger Service Solutions

Grupo Aeroportuario del Sureste SAB de CV

Corporacion America Airports

It's a great time to be looking at stocks in the travel and hospitality industries. The sector was temporarily beaten down due to the COVID-19 pandemic.

Wall Street Favorites: 3 Travel Stocks With Strong Buy Ratings for April 2024

By leveraging Sabre's (SABR) Air Price IQ solution, LATAM Airlines Group aims to revolutionize its pricing strategies, moving from static to dynamic pricing models.

Sabre's (SABR) Air Price IQ to Boost LATAM's Pricing Strategies

Carnival

Opendoor

Royal Caribbean Cruises

Walgreens

In February, JPMorgan Chase (NYSE: JPM ) CEO Jamie Dimon unloaded $150 million of his company's stock – his first-ever sale. Shares of the bank had risen 70% since 2022, and valuations were beginning to look rich.

5 Stocks to Buy as Interest Rates Begin to Fall

The cloud-native solution will allow the carrier to generate relevant offers by analyzing its own data in real time along with actionable marketplace insights SOUTHLAKE, Texas , April 9, 2024 /PRNewswire/ -- LATAM Airlines Group and Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced the carrier's adoption of Sabre Air Price IQ™, an intelligent solution that is part of Sabre's Retail Intelligence suite. Powered by Sabre Travel AI™ technology, Air Price IQ allows airlines to generate relevant offers by analyzing an airline's own shopping and revenue management data in real time along with relevant marketplace insights.

LATAM adopts Sabre's intelligent solution Air Price IQ

Sabre Corporation reports a double-digit increase in central reservation transactions and potential for cost-efficiency efforts to enhance future growth. The company operates as a technology development company in the travel and tourism industry, connecting clients with various entities in the industry. SABR's activities are divided into two segments: hotel solutions and travel solutions, offering software, platforms, and a marketplace for various travel services.

Factors That Influence Sabre's Net Income Growth, Maintain Buy

Follows recent transactions to extend debt maturities and strengthen its balance sheet  SOUTHLAKE, Texas , April 2, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) ("Sabre" or the "Company"), a leading technology provider to the global travel industry, today announced that its indirect subsidiary, Sabre Securitization LLC, has increased the overall size of its existing accounts receivable securitization facility (the "AR Facility") from $200 million to $235 million and extended its maturity date to March 2027. The AR Facility now consists of a fully-funded $120 million "first-in, last-out" tranche (the "FILO Facility"), provided by various entities advised by affiliates of Centerbridge Partners, L.P.

Sabre expands its accounts receivable securitization facility to $235 million and increases liquidity

SOUTHLAKE, Texas , March 26, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, announced the renewal of the longstanding technology partnership between HotelREZ, one of the world's largest and fastest growing hotel representation companies, dedicated to connecting independent properties with bookers worldwide, and Sabre Hospitality. This renewal reaffirms HotelREZ and Sabre's mutual commitment to leveraging both companies' strengths, combining Sabre Hospitality's cutting-edge technology with HotelREZ's unparalleled representation services.

HotelREZ and Sabre Renew Decade-Long Technology Partnership

Sabre (SABR) announces the development of its Red Launchpad, built in partnership with Internova Travel Group.

Sabre (SABR) Unveils the Red Launchpad Booking Solution

Internova to roll out a co-branded version of the product – Internova SNAP, Powered by Sabre – to thousands of its travel consultants to reduce training time and provide access to the Sabre GDS SOUTHLAKE, Texas , March 11, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, announced the development of a new booking solution, Sabre Red Launchpad™, designed for new or independent travel consultants.  Sabre developed Sabre Red Launchpad, an extension of Sabre Red 360, with launch partner Internova Travel Group, one the world's largest travel services companies.

Sabre announces Sabre Red Launchpad™, a new booking solution for travel agencies with launch partner Internova Travel Group

SOUTHLAKE, Texas , March 8, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) ("Sabre") today announced that Sabre GLBL Inc. ("Sabre GLBL"), its wholly owned subsidiary, exchanged (the "Exchange") on March 7, 2024 approximately $36.2 million in aggregate principal amount of its 7.375% Senior Secured Notes due 2025 and approximately $7.4 million in aggregate principal amount of its 9.250% Senior Secured Notes due 2025 (collectively, the "Existing Secured Notes") for (i) approximately $50.1 million in additional aggregate principal amount of Sabre GLBL's 8.625% Senior Secured Notes due 2027 (the "2027 Notes") and (ii) an aggregate of approximately $256,000 in cash, representing accrued and unpaid interest. The Exchange was based on privately negotiated exchange agreements (the "Exchange Agreements") that Sabre GLBL, together with certain of its subsidiaries, had entered into with a limited number of existing holders of Existing Secured Notes, who were qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") and institutional accredited investors, or not "U.S. persons" as defined in Rule 902 under the Securities Act and were located outside the United States.

Sabre Announces Exchange of Approximately $43.6 Million of Existing Senior Secured Notes due in 2025 for Additional 8.625% Senior Secured Notes due 2027

Sean Menke to retire from the Board immediately prior to Company's Annual Meeting SOUTHLAKE, Texas , March 5, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, today announced the election of Gail Mandel, former Wyndham Worldwide executive and existing Sabre Board member, to become non-executive Chair of the Board. Mandel has served on Sabre's Board since April 2020.

Sabre Elects Gail Mandel to Become Chair of its Board of Directors

Advantage Solutions

Core Scientific Inc

Honest Co

Pagaya Technologies Ltd

Rocket Lab USA

Safe Bulkers

Scores of names in “penny stock territory” (stocks trading for $5 or less per share) go unnoticed among the sell-side community, but that doesn't mean they are completely off their radar. Alongside these more “under the radar” names, are strong buy penny stocks that have received favorable analyst ratings.

News for Sabre Stock (SABR)