Sabre Q1 2023 Earnings Report

Sabre EPS Results

• Actual EPS: -$0.24
• Consensus EPS: -$0.30
• Beat/Miss: Beat by +$0.06
• One Year Ago EPS: N/A

Sabre Revenue Results

• Actual Revenue: $742.70 million
• Expected Revenue: $727.68 million
• Beat/Miss: Beat by +$15.02 million
• YoY Revenue Growth: N/A

Sabre Announcement Details

• Quarter: Q1 2023
• Date: 5/4/2023
• Time: N/A

Sabre (NASDAQ:SABR), together with its subsidiaries, operates as software and technology company for travel industry in the United States, Europe, Asia-Pacific, and internationally. It operates through two segments: Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments. This segment provides a portfolio of software technology products and solutions through software-as-a-service (SaaS) and hosted delivery models to airlines and other travel suppliers. Its products include reservation systems for carriers, commercial and operations products, agency solutions, and data-driven intelligence solutions. Its Hospitality Solutions segment provides software and solutions to hoteliers through SaaS and hosted delivery models. Sabre Corporation was incorporated in 2006 and is headquartered in Southlake, Texas.