secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sabre Corp (SABR)
CIK:        0001597033
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001628280-25-049256
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabre Q3 revenue $715M (+3% YoY), Adj EBITDA $141M (+25%); repaid $825M debt
----------------------------------------------------------------------------

- Revenue $715M (+3% YoY); Distribution $575M (+4%), IT Solutions $140M (flat).
- Net income $849M includes Hospitality Solutions gain; operating margin 13.1% vs 8.4%.
- Repaid ~$825M debt from Hospitality sale; cash balance $683M at quarter end.
- Q4'25 Pro Forma Adj EBITDA guidance ~$110M; FY25 ~$530M (+9% YoY).
- Total bookings 95M (+3% YoY); Q4 air distribution volumes expected 6-8% growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1597033/000162828025049256/0001628280-25-049256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1597033/000162828025049256/sabr-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-049256

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