Financial Data and Key Metrics Changes - Sabre Corporation achieved a 53% year-on-year increase in adjusted EBITDA, totaling $517 million for the year, exceeding initial guidance of greater than $500 million [10][38] - Total revenue for 2024 was $3.03 billion, reflecting a 4% increase compared to the previous year [38] - Adjusted EBITDA margin improved from 14% in Q4 2023 to 16% in Q4 2024 [37] Business Line Data and Key Metrics Changes - Travel Solutions reported a 5% increase in distribution revenue to $500 million in Q4 2024, with total distribution bookings rising 4% to 81 million [36] - Hospitality Solutions revenue increased 8% to $81 million in Q4 2024, driven by an 8% rise in CRS transactions [36][12] - Adjusted EBITDA for Hospitality Solutions reached $9 million in Q4 2024, an improvement of $4 million year-on-year [37] Market Data and Key Metrics Changes - The global travel industry has undergone significant changes, with Sabre focusing on generating free cash flow and deleveraging its balance sheet as top financial priorities [15] - The company expects double-digit growth in air distribution bookings, hotel distribution bookings, and hospitality solutions CRS transactions in 2025 [28][32] Company Strategy and Development Direction - Sabre is prioritizing investments in a modern technology stack, an open marketplace, and intelligent retailing solutions to drive sustainable growth [16] - The company has successfully migrated over 99% of its compute capacity to the cloud, achieving over $150 million in cost benefits [14] - The strategic focus remains on generating free cash flow and deleveraging the balance sheet through sustainable growth and innovation [56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving significant volume and revenue growth in 2025, driven by signed commercial wins and ongoing growth initiatives [33][41] - The outlook for corporate and international travel remains positive, with expectations for increases in business travel spend [80] Other Important Information - Free cash flow for 2024 was negative $14 million, but excluding debt modification costs, the company generated positive free cash flow [39] - Sabre's cash balance at the end of the year was $746 million, positioning the company well for upcoming debt maturities [40][55] Q&A Session Summary Question: Implementation process for new agency wins - Management highlighted their extensive experience in implementing new business, emphasizing that timelines depend on customer actions [60][62] Question: Incremental $100 million in cost efficiencies - The $100 million in cost efficiencies is attributed to the completion of the technology transformation initiative, with $150 million already realized in 2024 [66] Question: Revenue expectations for passenger boarded evolution - Management does not manage revenue per passenger boarded but expects airline IT revenue to be down slightly in the first half of the year, resuming growth in the second half [70][72] Question: Impact of new travel agents leaning into NDC - Management believes their multisource content platform provides the best connectivity for both traditional and new entrants in the travel sector [78] Question: Air bookings growth ramp-up throughout the year - Significant ramp-up in air bookings growth is expected throughout the year, with strong momentum anticipated into Q4 and 2026 [88] Question: Margin profile for Hyatt transactions - Management did not disclose specific margin profiles for individual customers but indicated that overall EBITDA margin expansion is expected [117]

For the quarter ended December 2024, Sabre (SABR) reported revenue of $714.72 million, up 4% over the same period last year. EPS came in at -$0.08, compared to -$0.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $715.09 million, representing a surprise of -0.05%. The company delivered an EPS surprise of -14.29%, with the consensus EPS estimate being -$0.07.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Sabre (SABR) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this provider of technology services to the travel industry would post a loss of $0.02 per share when it actually produced a loss of $0.04, delivering a surprise of -100%.Over the last fo ...

For the fiscal year ended December 31, 2024 or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Sabre Corporation (Exact name of registrant as specified in its charter) Delaware 001-36422 20-8647322 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employ ...

SOUTHLAKE, Texas, Feb. 20, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced financial results for the quarter and year ended December 31, 2024. Sabre has posted its fourth quarter and full year 2024 earnings release and earnings presentation to its Investor Relations webpage at investors.sabre.com/financial-information/quarterly results. The earnings release is also available on the Securities and Exchange Commission's website at www.sec.gov.As previously announced, Sabre will ...

Sabre reports significant financial improvement in 2024 results; expects double- digit YoY distribution bookings and CRS transaction growth in 2025 2024 Business highlights: 2024 Financial results: SOUTHLAKE, Texas – February 20, 2025 – Sabre Corporation ("Sabre" or the "Company") (NASDAQ: SABR) today announced financial results for the quarter and year ended December 31, 2024. 1 • Achieved revenue and Adjusted EBITDA guidance for Q4 and full year 2024 • Generated an 8 point year-over-year improvement in op ...

Analysts on Wall Street project that Sabre (SABR) will announce quarterly loss of $0.07 per share in its forthcoming report, representing an increase of 41.7% year over year. Revenues are projected to reach $715.09 million, increasing 4.1% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead ...

SOUTHLAKE, Texas, Feb. 6, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its fourth quarter and full year 2024 earnings conference call on February 20, 2025 at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Sabre's website at investors.sabre.com. A replay of the event will be available ...

SOUTHLAKE, Texas, Feb. 6, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) today announced that Karl Peterson has chosen not to stand for reelection and will therefore retire from the company's Board of Directors immediately prior to its 2025 annual meeting, scheduled for April 23."On behalf of the Board, I extend our deepest gratitude to Karl for his leadership and guidance throughout his tenure," said Gail Mandel, Chair of Sabre's Board. "Karl has been an integral member of the Board for nearly two d ...

Toronto, Ontario--(Newsfile Corp. - January 31, 2025) - Sabre Gold Mines Corp. (TSX: SGLD) (OTCQB: SGLDF) ("Sabre Gold" or the "Company") is pleased to provide an update to its press release of January 14th, 2025 concerning the anticipated closing of its previously announced plan of arrangement pursuant to which Minera Alamos Inc. (TSXV: MAI) ("Minera Alamos") will acquire all the issued and outstanding shares of the Sabre at an exchange rate of 0.693 common shares in the capital of Minera Alamos for each ...