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SOUTHLAKE, Texas AND SÃO PAULO, Feb. 24, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, and GOL Linhas Aéreas, one of the leading airlines in Brazil, today announced the extension of their long-standing partnership. The renewed agreement includes the continued use of Sabre's Passenger Service System (PSS) and Global Distribution System (GDS), as well as the adoption of Sabre's Mosaic solutions, such as Ancillary IQ™ and Dynamic Availability, to support GOL's growth and retailing strategies to improve its revenue performance.
Sabre's fourth-quarter 2024 results gain from strength in global air, hotel and travel bookings, offset by weakness in IT solutions.
Sabre reports significant financial improvement in 2024 results. 2024 Business highlights: aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); * Achieved revenue and Adjusted EBITDA guidance for Q4 and full year 2024 * Generated an 8 point year-over-year improvement in operating margin from solid revenue growth and lower operating costs * Launched SabreMosaicTM, a next-generation offer-and-order platform, and announced commercial partnerships with Virgin Australia and Riyadh Air * Secured large airline and agency wins, setting the foundation for 2025 growth * Achieved Hospitality Solutions Adjusted EBITDA target * Refinanced ~$1.9 billion of the Company's debt maturities; plan to pay 2025 maturities as they come due 2024 Financial results: * Revenue totaled $715 million in Q4 and $3,030 million for the full year * Operating income totaled $57 million in Q4 and $286 million for the full year * Net loss attributable to common stockholders totaled $75 million i
Sabre Corporation (NASDAQ:SABR ) Q4 2024 Results Conference Call February 20, 2025 9:00 AM ET Company Participants Brian Evans - SVP, IR and Treasurer Kurt Ekert - CEO and President Mike Randolfi - CFO and EVP Scott Wilson - EVP and President, Hospitality Solutions Conference Call Participants Josh Baer - Morgan Stanley Alex Irving - Bernstein Jed Kelly - Oppenheimer Victor Cheng - Bank of America Dan Wasiolek - Morningstar Wei Fang - Mizuho Operator Good morning, and welcome to the Sabre Fourth Quarter and Full Year 2024 Earnings Conference Call. My name is Didi, and I will be your operator.
While the top- and bottom-line numbers for Sabre (SABR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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.
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.
Get a deeper insight into the potential performance of Sabre (SABR) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Sabre (SABR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SOUTHLAKE, Texas and CAPE TOWN, South Africa , Feb. 11, 2025 /PRNewswire/ -- Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR) a leading global travel technology company, announced a new agreement with Newmark, a world-class specialist management company of African luxury hotels and reserves, located in South Africa, Mauritius, Zanzibar, Tanzania, Uganda and Nigeria, to distribute its hotel content through Sabre Hospitality's Global Distribution System (GDS) technology. Sabre's SynXis Central Reservation System (CRS) will play a central role in Newmark's GDS distribution strategy, enhancing their ability to manage and distribute room inventory.