---
schema_version: "secwatch.filing_event.v1"
accession: "0001597033-23-000105"
form_type: "8-K"
ticker: "SABR"
cik: "0001597033"
company_name: "Sabre Corp"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:21:53.732914+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sabre Q3 revenue up 12% to $740M; first operating income since Q4 2019; raises FY23 Adj. EBITDA view

## Summary
- Q3 revenue $740M (+12% YoY); operating income $52M vs. ($57M) loss; first positive quarterly operating income since Q4 2019.
- Adjusted EBITDA $110M vs. $34M a year ago; Adjusted EPS ($0.06) vs. ($0.25); net loss $212M ($0.61 loss per share).
- FY23 Adj. EBITDA guidance raised to ~$345M from ~$340M; revenue expected $2.9B-$3.0B; free cash flow positive excluding restructuring.
- Travel Solutions revenue $672M (+11%); Distribution bookings up 12% to 89.4M; Hospitality Solutions revenue $79M (+16%).
- Cash from operations $59M in Q3 (first positive Q3 since 2019); free cash flow $39M; refinanced most 2025 debt maturities.

## SEC filing metadata
- accession: 0001597033-23-000105
- form_type: 8-K
- ticker: SABR
- cik: 0001597033
- company_name: Sabre Corp
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1597033/000159703323000105/0001597033-23-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1597033/000159703323000105/sabr-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001597033-23-000105
- JSON: https://secwatch.observer/filing/0001597033-23-000105.json
- Plain text: https://secwatch.observer/filing/0001597033-23-000105.txt

## Key facts
- Earnings Releases
  Sabre Corp reported the quarter ended September 30, 2023 results: revenue $740 million, net income net loss attributable to common stockholders of $212 million, EPS diluted net loss per share attributable to common stockholders of $0.61. Guidance raised.
  - Period: the quarter ended September 30, 2023
  - Revenue: $740 million
  - Net income: net loss attributable to common stockholders of $212 million
  - EPS: diluted net loss per share attributable to common stockholders of $0.61
  - Guidance: raised
  - Result: reported results
  source text: the vast majority of the company's nearest-term 2025 debt maturities • Ended the quarter with cash balance of $623 million Third quarter 2023 summary: • Third quarter revenue of $740 million, up 12% from the third quarter 2022 • Net loss attributable to common stockholders of $212 million and diluted net loss per share attributable to common stockholders of $0.61 •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1597033/000159703323000105/0001597033-23-000105-index.htm

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