Sabre Q2 revenue $767M +4%; beats guidance, raises FY2024 outlook

Sabre Corp

2024-Q2 EPS reported -$0.37 revenue$1,550,127,000

Q2 revenue $767M (+4% YoY); Adjusted EBITDA $129M (+76% from $73M); operating income $61M (vs -$42M loss).
Net loss $70M ($-0.18 EPS) vs $129M loss (-$0.39) YoY; positive operating cash flow $28M (first positive Q2 in 5 years).
Travel Solutions rev $695M (+4%) on avg booking fee $6.05 (+3%); Hospitality rev $83M (+9%).
Raised full-year 2024 revenue and Adjusted EBITDA outlook after exceeding Q2 guidance (specific numbers not disclosed).
Key wins: InterparkTriple, Hyatt SynXis go-live, SabreMosaic AI platform; expanded partnerships with Wyndham, Etihad, Spotnana.

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