secwatch.observer — SEC 8-K summary
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Issuer:     Sabre Corp (SABR)
CIK:        0001597033
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001597033-24-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabre reports Q4 rev $687M (+9% YoY); FY rev $2.9B (+15%); guides FY24 rev ~$3.0B, Adj EBITDA >$500M
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- Q4 revenue $687M (+9% YoY); net loss $96M ($0.26/share); adjusted EBITDA $96M vs $1M prior year.
- Full-year revenue $2.9B (+15% YoY); net loss $542M ($1.56/share); adjusted EBITDA $337M vs $65M in 2022.
- Travel Solutions revenue +14% to $2.6B; Distribution rev +27% to $2.1B on 18% higher bookings (355M).
- Hospitality Solutions revenue +19% to $304M; CRS transactions +10% to 122M; adjusted EBITDA $13M (vs -$30M).
- 2024 guidance: Q1 rev ~$750M, Adj EBITDA ~$115M; FY rev ~$3.0B, Adj EBITDA >$500M, positive free cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597033/000159703324000017/0001597033-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597033/000159703324000017/sabr-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001597033-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer