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

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Earnings data Q2 2023

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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.

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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.

Sabre (SABR) delivered earnings and revenue surprises of 0% and 4.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Sabre (SABR) Reports Q3 Loss, Misses Revenue Estimates

Sabre Corporation (NASDAQ:SABR ) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET Company Participants Kevin Crissey - Vice President, Investor Relations Sean Menke - Chairman & Chief Executive Officer Kurt Ekert - President Mike Randolfi - Chief Financial Officer Conference Call Participants Matthew Broome - Mizuho Group Mark Moerdler - Bernstein James Goodall - Redburn Jed Kelly - Oppenheimer Josh Baer - Morgan Stanley Victor Cheng - Bank of America Operator Good morning and welcome to the Sabre Third Quarter 2022 Earnings Conference Call. My name is Amy and I will be your operator.

Sabre Corporation (SABR) Q3 2022 Earnings Call Transcript

SOUTHLAKE, Texas , Nov. 2, 2022 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter ended September 30, 2022. Sabre has posted its third quarter 2022 earnings release, earnings presentation, and prepared remarks to its Investor Relations webpage at investors.sabre.com/results.cfm.

Sabre's third quarter 2022 earnings materials available on its Investor Relations website

Omani flagship carrier will continue to use SabreSonic Passenger Service System (PSS) to manage core operations and drive growth Airline will continue to offer its content through Sabre's extensive global travel marketplace Oman Air and Sabre are discussing future collaboration on digital transformation including retailing and distributing NDC content SOUTHLAKE, Texas , Nov. 1 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company that powers the global travel industry, and Oman Air, the national carrier of the Sultanate of Oman, announced, today at the World Passenger Symposium (WPS), a renewed long-term agreement to help the airline reach its strategic goals. The agreement includes a multi-year renewal of Oman Air's SabreSonic Passenger Service System (PSS) and a further multi-year extension of its global distribution system agreement.

Oman Air signs renewed Passenger Service System and distribution agreement to drive retailing and digital transformation

Expanded agreement anticipates meaningful growth in GDS bookings through Sabre Two like-minded companies dedicated to co-investment and collaboration of innovative solutions that will seek to accelerate the technology-driven evolution of the industry SOUTHLAKE, Texas , Oct. 31, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) and BCD Travel  today announced a long-term, multi-faceted strategic partnership that is expected to drive meaningful growth and advancement for both companies and across the travel ecosystem. Under the newly expanded and long-term technology agreement, BCD Travel expects to increase its booking levels with Sabre.

Sabre and BCD Travel announce landmark technology partnership focused on growth, innovation and evolution of corporate travel

Sabre (SABR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Sabre (SABR) Upgraded to Buy: What Does It Mean for the Stock?

Sabre (SABR) enters into an agreement with Tokyo-based MyStays Hotel Management to provide SynXis solution to expand the Japanese hotelier's global reach, attracting international & corporate guests.

Sabre (SABR) to Offer SynXis Solution to Japan's MyStays Hotel

Sabre Hospitality's SynXis platform will help Tokyo-headquartered MyStays Hotel Management to attract additional international guests, with a focus on the corporate sector SINGAPORE and TOKYO , Oct. 25, 2022 /PRNewswire/ --  Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced a new alliance with MyStays Hotel Management. The agreement will enable the Tokyo-headquartered hotel chain to grow its global reach, including putting its offers in front of increasing numbers of international and corporate guests.

MyStays Hotel Management signs new agreement with Sabre to significantly enhance its global reach

SOUTHLAKE, Texas , Oct. 20, 2022 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its third quarter 2022 earnings conference call on November 2 nd, 2022 at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook.

Sabre announces upcoming webcast of third quarter 2022 earnings conference call

Former Sabre executive brings significant business, governance and legal acumen to the board SOUTHLAKE, Texas , Oct. 20, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced that the Company has elected Rachel Gonzalez to its board of directors, effective today. "I look forward to having Rachel as a member of our Board of Directors, especially at such an exciting time for the company," said Sean Menke, Chair and CEO of Sabre.

Sabre Elects Rachel Gonzalez to its Board of Directors

Corporate travel agents and TMCs across APAC outline the new trends in the corporate travel landscape, and how they are adjusting their business models to adapt to them SINGAPORE , Oct. 17, 2022 /PRNewswire/ -- Sabre Corporation  (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced the results of a new survey of travel agents and Travel Management Companies (TMCs) in APAC, which reveals the changing face of corporate travel as industry recovery continues to gain strength. The research was carried out with respondents across Asia Pacific, in five languages in 21 countries, to gain insight into the evolving expectations of business travelers, and how corporate sellers in the region are adapting to service these new demands.

An increase in bookings, a switch to low-cost carriers, and a focus on new technology - Sabre survey reveals the shifting shape of corporate travel

SOUTHLAKE, Texas , Oct. 13, 2022 /PRNewswire/ -- Sabre Corporation   ( NASDAQ: SABR), a leading software and technology provider powering the global travel industry,  today announced the renewal of its multi-year distribution agreement with United Airlines. The long-term agreement ensures that Sabre-connected travel agents will have access to United's content globally while enabling the airline to extend its reach in Sabre's valuable network of global travel buyers and intermediaries.

United Airlines and Sabre renew global distribution agreement

SABR's business enjoys a strong network effect. SABR's core business, GDS, is an extremely sticky product.

Sabre Corp.: Strong Network Effect And Stable Long-Term Growth

A fresh set of data and an analyst's price target cut combined to discourage investors.

Why Sabre Stock Dived by Nearly 10% Today

Sabre (SABR) witnesses significant improvements in bookings with easing pandemic restrictions, more traveling and a decline in cancellation activities.

Sabre (SABR) Stock Rallies 6% on Strong Recovery in Bookings

Sabre Corp. SABR, -3.94% said Wednesday that August gross air bookings recovered to about 55% of the bookings seen in 2019, before the start of the coronavirus pandemic. In a regulatory filing, the online travel company said net air bookings recovered to about 56% of 2019 levels in August.

Sabre 'encouraged' by recovery in air bookings in August to highest level since pandemic outbreak

Sabre (SABR) reported earnings 30 days ago. What's next for the stock?

Why Is Sabre (SABR) Down 2.7% Since Last Earnings Report?

The Vietnamese flag carrier will continue to distribute offers through Sabre's extensive global travel marketplace, further cementing the two companies' historic and valued relationship SINGAPORE and HANOI, Vietnam , Aug. 31, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced an extended distribution agreement with Vietnamese flag carrier Vietnam Airlines. The new deal means that Vietnam Airlines will continue to distribute its content to the large network of travel agents through Sabre's extensive travel marketplace.

Vietnam Airlines extends long-standing relationship with Sabre as the carrier continues to play significant role in Vietnam's tourism resurgence

SOUTHLAKE, Texas , Aug. 15, 2022 /PRNewswire/ -- Sabre Corporation ("Sabre") (Nasdaq: SABR) today announced a refinancing of a portion of its existing indebtedness.  Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering the original issue discount (OID), certain interest, fees and expenses.

Sabre Corporation Announces Refinancing of Term B Loans

With the recent collaboration between Sabre (SABR) and Avianca Group, Sabre-connected travel agents worldwide are likely to have access to NDC contents offered by Avianca Group on the former's marketplace tools.

Sabre (SABR) Marketplace to Offer Avianca Group's NDC Content

Avianca Group is the first LAC-based airline to distribute its NDC content through Sabre marketplace Sabre has activated the group's NDC offers in several countries SOUTHLAKE, Texas , Aug. 10, 2022 /PRNewswire/ -- Sabre Corporation  (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced that Avianca Group's New Distribution Capability (NDC) content is now available to travel agencies, travel buyers and developer partners in several countries. Avianca Group – which includes Avianca Airlines as well as Avianca Costa Rica, Avianca Ecuador and TACA International Airlines – is the first Latin American carrier to distribute its NDC offers through Sabre's marketplace.

Avianca Group makes NDC content available to Sabre-connected travel agents

Seeing a need for investment in technology in the B2B travel payment space, travel industry technology company Sabre has acquired U.K.-based payments company Conferma Pay.  The acquisition took place Aug. 3, Business Travel News Europe reported Monday (Aug. 8).

Sabre Acquires Conferma Pay to Meet Need for New B2B Travel Payments

SOUTHLAKE, Texas , Aug. 8, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company that powers the global travel industry, today announced that seasoned legal executive, Chadwick Ho, will be joining the company next month as its Executive Vice President and Chief Legal Officer. Ho will report to Sean Menke, the company's chair of the board and CEO.

Sabre appoints Chadwick Ho as its next Chief Legal Officer

Leveraging their proprietary technology along with Sabre's global distribution system to improve business and customer service. SOUTHLAKE, Texas , Aug. 4, 2022 /PRNewswire/ -- Sabre Corporation  (NASDAQ: SABR) a leading software and technology provider that powers the global travel industry, today announced a new distribution agreement with Cain Travel, a US-based travel agency.

Cain Travel agency signs GDS agreement with Sabre to drive agency sales and revenue growth

Sabre's (SABR) Q2 results reflect a gradual recovery in global air, hotel and other bookings while economies rebound to cross-border international traveling.

News for Sabre Stock (SABR)