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Jun 30, 2021
Sabre Q2 2021 Earnings Report
Significantly improved earnings metrics compared to the prior year, with revenue and Adjusted EBITDA at the high end and above guidance, respectively.
Key Takeaways
Sabre's Q2 2021 revenue totaled $420 million, a significant increase from $83 million in Q2 2020. The company reported a net loss attributable to common stockholders of $251 million, or $0.79 per share, and an adjusted EPS of ($0.52). The recovery trends accelerated, showing the strongest sequential improvement since Q3 2020, led by US domestic leisure bookings and North America.
Bookings environment improved during the quarter despite COVID-19 impact.
Net air bookings exited Q2 with June at 51% of 2019 levels, a 17 percentage point sequential improvement from March.
Strongest improvement in global hotel bookings and air bookings in North America.
Announced SabreSonic passenger service system wins, representing nearly 40 million passengers boarded based on 2019 levels.
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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