Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3150 Sabre Dr SOUTHLAKE TX 76092-2103 |
Tel: | N/A |
Website: | https://investors.sabre.com |
IR: | See website |
Key People | ||
Kurt Joseph Ekert President, Chief Executive Officer, Director | Michael Randolfi Chief Financial Officer, Executive Vice President | Shawn G. Williams Executive Vice President, Chief People Officer |
Ann J. Bruder Executive Vice President, Chief Legal Officer | Joe Difonzo Executive Vice President | Roshan Mendis Executive Vice President, Chief Commercial Officer |
Scott Albert Wilson Executive Vice President, President - Hospitality Solutions | Garry R. Wiseman Executive Vice President and Chief Product and Technology Officer, Travel Solutions |
Business Overview |
Sabre Corporation is a software and technology company, which powers the global travel industry, serving a range of travel companies, including airlines, hoteliers, travel agencies and other suppliers. The Company provides retailing, distribution and fulfillment solutions that help its customers operate efficiently, drive revenue and offer personalized traveler experiences. Through its travel marketplace, it connects travel suppliers with buyers from around the globe. It operates through two segments: Travel Solutions and Hospitality Solutions. Travel Solutions segment is a global travel marketplace for travel suppliers and travel buyers, a portfolio of software technology products and solutions for airlines and other travel suppliers. Hospitality Solutions segment is a suite of software solutions for hoteliers. The Company serves customers in approximately 160 countries around the world. The Company's subsidiary is Sabre Holdings Corporation. |
Financial Overview |
For the three months ended 31 March 2024, Sabre Corp revenues increased 5% to $782.9M. Net loss applicable to common stockholders excluding extraordinary items decreased 31% to $71.5M. Revenues reflect Travel Solutions. segment increase of 5% to $713.6M, Hospitality Solutions segment increase of 7% to $78.8M. Lower net loss reflects Travel Solutions. segment income increase of 88% to $169.8M. |
Employees: | 6,232 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $5,447M as of Mar 31, 2024 |
Annual revenue (TTM): | $2,948M as of Mar 31, 2024 |
EBITDA (TTM): | $379.37M as of Mar 31, 2024 |
Net annual income (TTM): | -$509.78M as of Mar 31, 2024 |
Free cash flow (TTM): | -$47.60M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $4,359M as of Mar 31, 2024 |
Shares outstanding: | 381,932,365 as of Apr 26, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |