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Mar 31, 2022
Sabre Q1 2022 Earnings Report
Announced first quarter 2022 financial results, highlighting volume and financial improvements.
Key Takeaways
Sabre's first quarter revenue totaled $585 million, up from $327 million in the first quarter of 2021. Net income attributable to common stockholders was $42 million, or $0.12 per share, compared to a net loss of $266 million, or $0.84 per share in the first quarter of 2021.
The global travel recovery accelerated each month since January and broadened geographically
Corporate and international travel rebounded sharply, driving improved mix and increased revenue per booking
Closed the previously-announced agreement to sell AirCentre airline operations portfolio to CAE for $392 million, supporting the streamlining of the product portfolio and creating greater focus on maximizing new revenue opportunities
The technology transformation, including mainframe offload and migration to Google Cloud, moved forward and remained solidly on track to reach stated goals by the end of 2024
Revenue by Segment
Forward Guidance
Sabre's full-year 2022 outlook summarized below is a reiteration of the outlook detailed in our fourth quarter and full year 2021 earnings presentation.
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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