{"schema_version":"secwatch.filing_event.v1","accession":"0001597033-23-000044","form_type":"8-K","ticker":"SABR","cik":"0001597033","company_name":"Sabre Corp","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.588938+00:00","generated_at":"2026-06-15T22:01:21.391458+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sabre Q1 revenue up 27% to $743M, net loss $104M; new CEO and $200M cost-cut plan","bullets":["Revenue $743M (+27% YoY); travel bookings up 49% vs Q1'22; adjusted EBITDA $58M (vs $5M).","Net loss $104M vs net income $42M in Q1'22 due to prior-year AirCentre gain and higher interest expense.","Kurt Ekert elected President and CEO; resource realignment targets $200M annual cost savings ($100M in 2H'23).","Full-year 2023 guidance: revenue $2.8B-$3.0B, adjusted EBITDA $300M-$320M, FCF positive excl. restructuring.","Q2'23 revenue guided ~$700M, adjusted EBITDA ~$45M, FCF negative ($60M)-($80M) incl. restructuring."],"urls":{"canonical":"https://secwatch.observer/filing/0001597033-23-000044","json":"https://secwatch.observer/filing/0001597033-23-000044.json","markdown":"https://secwatch.observer/filing/0001597033-23-000044.md","text":"https://secwatch.observer/filing/0001597033-23-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597033/000159703323000044/0001597033-23-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597033/000159703323000044/sabr-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:01:21.391458+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cdca92eed783c8b5ed1695810ccfa674cb0a9483","claim":"Sabre Corp reported the quarter ended March 31, 2023 results: revenue $743 million, net income Net loss attributable to common stockholders of $104 million, EPS $0.32.","evidence_excerpt":"First quarter revenue totaled $743 million, up 27% from the first quarter 2022 • Net loss attributable to common stockholders of $104 million and diluted net loss per share attributable to common stockholders of $0.32","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597033/000159703323000044/0001597033-23-000044-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$743 million"},{"label":"Net income","value":"Net loss attributable to common stockholders of $104 million"},{"label":"EPS","value":"$0.32"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}