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Dec 31, 2022
Sabre Q4 2022 Earnings Report
Sabre's Q4 2022 results reflected continued improvement driven by travel recovery and strategic execution.
Key Takeaways
Sabre's Q4 2022 revenue increased by 26% year-over-year to $631 million, driven by the ongoing recovery in global travel. The company generated $38 million in operating cash flow and $22 million in free cash flow during the quarter, ending the year with a cash balance of $816 million. While net loss remained, there was improvement compared to the previous year, and Adjusted EBITDA turned positive.
Revenue totaled $631 million, up 26% from 2021.
Net loss attributable to common stockholders totaled $165 million.
Adjusted EPS totaled ($0.36).
Generated $1 million of Adjusted EBITDA.
Revenue by Segment
Forward Guidance
Sabre's first quarter and full-year 2023 outlook is summarized as follows:
Positive Outlook
- Q1 2023 Revenue ~$725M
- FY 2023 Revenue $2.8B to $3.0B
- Q1 2023 Adjusted EBITDA ~$50M
- FY 2023 Adjusted EBITDA $300M to $320M
- FY 2023 Free Cash Flow Positive ($80M) to ($90M)
Challenges Ahead
- Q1 2023 Free Cash Flow ($80M) to ($90M) *driven by Q1 seasonality
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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