Sabre's Q4 2020 revenue was $314 million, a 67% decrease compared to Q4 2019. The company reported a net loss of $311 million, or $0.98 per share, and an adjusted EPS of ($0.77). The results were negatively impacted by the COVID-19 pandemic.
Reduced go-forward annual costs by approximately $200 million.
Added liquidity, extended debt maturities, and ended the year with a cash balance of $1.5 billion.
Advanced technology transformation and modernization with migration of 250+ applications to the cloud.
Signed new enterprise wins with Louvre Hotels Group and All-Inclusive by Marriott International.
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.
Visualization of income flow from segment revenue to net income
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