Sabre Q2 beats guidance, raises FY23 Adj EBITDA outlook to ~$340M from $300-320M

Sabre Corp

2023-Q2 EPS reported -$0.71 revenue$1,480,224,000

Q2 revenue $738M (+12% YoY); net loss $129M ($0.39 loss per share) vs $193M loss a year ago.
Adjusted EBITDA $73M, up from $24M; Adjusted EPS -$0.17 vs -$0.25 prior year.
Raised FY23 revenue guidance to $2.9B-$3.0B (prior $2.8B-$3.0B) and Adj EBITDA to ~$340M.
Signed long-term global CRS agreement with Hyatt covering 1,300+ properties.
Ended Q2 with $727M cash; refinanced majority of April 2025 debt maturities.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Sabre Corp updated its FY23 guidance (raised).

Period: FY23
Guidance: raised
Result: guidance update

Exact text from the filing

Sabre reports second quarter 2023 results that exceed prior guidance; Raises FY23 financial outlook

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Sabre Corp updated its the quarter ended June 30, 2023 guidance (raised).

Period: the quarter ended June 30, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On August 3, 2023, Sabre Corporation (“Sabre”) issued a press release and will hold a conference call regarding its financial results for the quarter ended June 30, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sabre Corp reported second quarter 2023 results: EPS Adjusted EPS (1) of ($0.17).

Period: second quarter 2023
EPS: Adjusted EPS (1) of ($0.17)
Result: reported results

Exact text from the filing

Second quarter revenue of $738 million, up 12% from the second quarter 2022

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sabre Corp reported second quarter 2023 results: EPS Adjusted EPS (1) of ($0.17).

Period: second quarter 2023
EPS: Adjusted EPS (1) of ($0.17)
Result: reported results

Exact text from the filing

Net loss attributable to common stockholders of $129 million and diluted net loss per share attributable to common stockholders of $0.39

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sabre Corp reported second quarter 2023 results: EPS Adjusted EPS (1) of ($0.17).

Period: second quarter 2023
EPS: Adjusted EPS (1) of ($0.17)
Result: reported results

Exact text from the filing

727 million Second quarter 2023 summary: • Second quarter revenue of $738 million, up 12% from the second quarter 2022 • Net loss attributable to common stockholders of $129 million and diluted net loss per share attributable to common stockholders of $0.39 • Adjusted EPS (1) of ($0.17) • Adjusted EBITDA (1) of $73 million SOUTHLAKE, Texas – August 3, 2023 – Sabre Corporation ("Sabre" or the "Company") (NASDAQ: SABR) today announced financial results for the quarter ended June 30, 2023.

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Sabre Corp filing history →

Source: SEC EDGAR

accession 0001597033-23-000071

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.