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Dec 31, 2023
Sabre Q4 2023 Earnings Report
Sabre's Q4 2023 financial results were announced, demonstrating significant improvements in revenue, operating income, and adjusted EBITDA compared to the same quarter of the previous year.
Key Takeaways
Sabre Corporation reported a 9% increase in revenue for Q4 2023, reaching $687 million, driven by growth in global air, hotel, and other travel bookings. The company's operating income improved significantly, and it achieved $96 million in Adjusted EBITDA. However, the company still reported a net loss attributable to common stockholders of $96 million, or $0.26 per share.
Revenue increased by 9% to $687 million, driven by global air, hotel, and other travel bookings.
Operating income improved to $37 million, compared to an operating loss of $55 million in Q4 2022.
Net loss attributable to common stockholders improved to $96 million, versus a net loss of $165 million in Q4 2022.
Adjusted EBITDA increased significantly to $96 million, compared to $1 million in Q4 2022.
Revenue by Segment
Forward Guidance
Sabre's first quarter and full-year 2024 outlook is summarized as follows: Q1 2024 Revenue ~$750M Adjusted EBITDA ~$115M Free Cash Flow ~($100M)*impacted by Q1 seasonality FY 2024 Revenue ~$3.0B Adjusted EBITDA >$500M Free Cash Flow ~($100M) *impacted 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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