secwatch.observer — SEC 8-K summary
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Issuer:     Sabre Corp (SABR)
CIK:        0001597033
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001628280-22-027666
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabre Q3 revenue $663M (+50% YoY), net loss $141M; tightens FY 2022 Adjusted EBITDA guidance to ~$90M
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- Revenue $663M, up 50% YoY; net loss $141M ($0.43 diluted EPS) vs loss $241M a year ago.
- Adjusted EBITDA $34M (5.2% margin) vs negative $55M in Q3 2021; adjusted EPS ($0.25).
- September air bookings hit highest monthly recovery rate (59% of 2019) since pandemic began.
- Full-year 2022 Adjusted EBITDA guidance revised to ~$90M (prior >$100M); Q4 outlook ~$30M.
- Cash balance $804M; free cash flow negative $123M in Q3; expects FCF positive in Q4 2022 and 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597033/000162828022027666/0001628280-22-027666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597033/000162828022027666/sabr-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-027666

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