Sabre Corporation Reports Significant Revenue Decline to $2.74 Billion and Net Loss of $418.96 Million; EPS Drops to $0.11

Reuters
05-19
<a href="https://laohu8.com/S/SABR">Sabre Corporation</a> Reports Significant Revenue Decline to $2.74 Billion and Net Loss of $418.96 Million; EPS Drops to $0.11

Sabre Corporation has released its financial results for the year ended December 31, 2024. The company reported consolidated historical revenues of $3.03 billion, with adjustments leading to a pro forma revenue of $2.74 billion. This reflects adjustments due to discontinued operations amounting to $284.7 million. The net loss attributable to Sabre Corporation was reported at $435.45 million, indicating a significant increase from the previous year's net loss of $13.81 million. Additionally, Sabre Corporation recorded a loss from continuing operations of $432.10 million, compared to a loss of $13.81 million in the prior year. In terms of technology costs, the company reported $866 million in the historical consolidated statement, with adjustments resulting in a pro forma technology cost of $780.75 million. The company has not provided an earnings per share figure due to the net loss. Sabre Corporation has not announced any further updates regarding business operations within this report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sabre Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-122150), on May 19, 2025, and is solely responsible for the information contained therein.

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