---
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"
generated_at: "2026-06-15T22:01:21.391458+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sabre Q1 revenue up 27% to $743M, net loss $104M; new CEO and $200M cost-cut plan

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001597033-23-000044
- JSON: https://secwatch.observer/filing/0001597033-23-000044.json
- Plain text: https://secwatch.observer/filing/0001597033-23-000044.txt

## Key facts
- Earnings Releases
  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.
  - Period: the quarter ended March 31, 2023
  - Revenue: $743 million
  - Net income: Net loss attributable to common stockholders of $104 million
  - EPS: $0.32
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1597033/000159703323000044/0001597033-23-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.