Sabre Corporation’s Improved Bookings Drive Net Loss Attributable to Common Stockholders Down

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Sabre Corporation ($NASDAQ:SABR) is a travel technology company that operates in three main segments: air travel solutions, hospitality solutions, and travel commerce platform. The company reported its third-quarter results on Wednesday, which showed a narrowing of losses compared to the same period a year ago. Despite this improvement, Sabre shares fell 9% in trading on Wednesday. The company attributed the improved financial performance to increased bookings, which drove net loss attributable to common stockholders down from $241 million to $141 million. This was due to increased revenue, lower depreciation and amortization, and a $13 million reduction in loss on extinguishment of debt. Adjusted EBITDA was $34 million, compared to negative $55 million a year ago. Sabre said that it is seeing strong demand for its products and services, and that it is well-positioned to benefit from the continued recovery in the travel industry.

However, the company also warned that the near-term outlook remains uncertain due to the ongoing pandemic.

Earnings

The company’s products and services include booking and ticketing, distribution, and customer relationship management systems. The company attributed the increase in revenue to higher bookings, particularly in its air travel business. Looking ahead, Sabre Corporation said it expects to continue to invest in its growth initiatives and expects its full-year results to be in line with its previous guidance.

Share Price

On Wednesday, SABRE CORPORATION stock opened at $5.7 and closed at $5.0, a 15.1% decline from the previous closing price of $6.0. SABRE CORPORATION has been in the news recently for mostly negative reasons.

However, the company’s improved bookings have caused its stock to decline, indicating that investors are confident in the company’s future. Despite the confidence that investors have shown in SABRE CORPORATION, the company still has a long way to go. It will need to continue to improve its bookings and reduce its losses in order to regain its position as a leading travel technology provider.

VI Analysis

SABRE CORPORATION is a medium risk investment in terms of financial and business aspects, based on VI’s Risk Rating. The company’s fundamentals reflect its long term potential, and VI’s app has detected 1 risk warning in the income sheet. Register on vi.app to check it out.

VI Peers

The competition between Sabre Corp and its competitors is fierce. Amadeus IT Group SA, Ying Hai Group Holdings Co Ltd, and Expedia Group Inc are all major players in the travel industry, and each company is fighting for market share. The company’s main competitors are Amadeus IT Group SA, Ying Hai Group Holdings Co Ltd, and Expedia Group Inc.

– Amadeus IT Group SA ($OTCPK:AMADY)

Amadeus IT Group SA is a Spanish company that provides global distribution system services for the travel and tourism industry. It is headquartered in Madrid. As of 2022, Amadeus IT Group’s market capitalization is €22.74 billion and its return on equity is 7.86%. The company’s main products and services include airline reservations systems, hotel booking systems, and car rental systems. Amadeus IT Group also offers consulting and IT services to the travel and tourism industry.

– Ying Hai Group Holdings Co Ltd ($SEHK:08668)

Ying Hai Group Holdings Co Ltd is a holding company that engages in the provision of shipping transportation services. The company operates through the following segments: Container Shipping, Bulk Shipping, and Logistics. The Container Shipping segment offers container transportation services. The Bulk Shipping segment provides dry bulk transportation services. The Logistics segment handles the logistics and warehousing businesses. Ying Hai Group Holdings was founded on June 6, 1997 and is headquartered in Hong Kong.

– Expedia Group Inc ($NASDAQ:EXPE)

Expedia Group is an online travel company that operates websites and mobile apps under a variety of brands. It offers a search engine for finding flights, hotels, rental cars, and vacation packages. The company also provides travel planning services, trip insurance, and other travel-related products and services. Expedia Group is headquartered in Bellevue, Washington.

Summary

SABRE CORPORATION is a global technology provider for the travel and tourism industry. The company offers a wide range of solutions, including software, data, mobile and distribution products. SABRE CORPORATION has a strong history of innovation and has been a pioneer in the travel industry. The company’s products and services are used by airlines, hotels, travel agencies, tour operators and other travel and tourism businesses around the world. Investing in SABRE CORPORATION can offer investors a number of advantages.

The company has a strong history of innovation and is a market leader in the travel industry. SABRE CORPORATION’s products and services are used by some of the world’s largest airlines, hotels and travel agencies. The company has a diversified product portfolio and a strong presence in emerging markets.