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Sabre posted a smaller-than-expected loss in the fourth quarter and solid revenue growth for 2023. But the forecast for 2024 sales is flat, and it is hard to see how growth accelerates from here.
Although the revenue and EPS for Sabre (SABR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sabre (SABR) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.36 per share a year ago.
Sabre (SABR) equips Riyadh Air with its Network Planning and Optimization solutions, including Schedule Manager, Slot Manager, Profit Manager and Market Intelligence - Global Demand Data.
Besides Wall Street's top -and-bottom-line estimates for Sabre (SABR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
SOUTHLAKE, Texas , Feb. 1, 2024 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) will host a live webcast of its fourth quarter and full year 2023 earnings conference call on February 15, 2024 at 9:00 a.m. ET. Management will discuss the financial results, as well as comment on the forward outlook.
Sabre (SABR) partners with Japan-based Seibu Prince Hotels Worldwide to improve the latter's front-desk management with SABR's SynXis Central Reservation System and SynXis Booking Engine.
Sabre (SABR) collaborates with Hawaiian Airlines to distribute the latter's NDC and EDIFACT content through SABR's global distribution system.
Sabre (SABR) and IAG expand their existing relationship, due to which Sabre-connected travel buyers and agencies will gain the capability to sell traditional EDIFACT content and access competitive NDC offers from IAG's airlines.
SmileDirectClub (OTCMKTS: SDCCQ ) ceased operating on December 8 after it could not restructure through bankruptcy proceedings. The once high-flying provider of dental aligners was one of many at-risk companies entering the final quarter of 2023.