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Mar 31, 2021
Sabre Q1 2021 Earnings Report
Sabre reported first quarter results, highlighting bookings improvement despite COVID-19 impact, and progressed with NDC initiatives and technology transformation.
Key Takeaways
Sabre's first quarter revenue totaled $327 million, with a net loss of $266 million. The company saw improvements in the bookings environment, particularly in North American air bookings and global hotel bookings, and advanced its technology initiatives.
Bookings environment improved with a 15 percentage point sequential improvement from January to March.
Strongest improvement was in North American air bookings and global hotel bookings.
Achieved NDC Level 4 certification as an IT Provider.
Completed migration of Travel Solutions Agency Air Shopping to Google Cloud.
Revenue by Segment
Forward Guidance
Given the ongoing magnitude and the uncertainty related to the COVID-19 pandemic and its economic effects, Sabre has not given guidance at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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