IonQ reaches 1,000 patents milestone with new quantum computing grants
Investing.com - Sabre Corporation (NASDAQ:SABR) reported fourth-quarter earnings on Thursday that surpassed analyst expectations, while revenue fell short of estimates.
Sabre posted adjusted earnings per share of -$0.08 for Q4, beating the analyst consensus of -$0.10. Revenue for the quarter came in at $714.72 million, slightly below the $719.14 million analysts had projected. Compared to the same quarter last year, revenue increased 4% from $687 million.
The company’s Q4 net loss attributable to common stockholders narrowed to $75 million, or -$0.19 per share, from -$96 million, or -$0.26 per share, in the year-ago period. Adjusted EBITDA rose to $115 million from $96 million last year.
For the full year 2024, Sabre reported revenue of $3.03 billion, up 4% YoY. The company generated $517 million in adjusted EBITDA for the year, a significant improvement from $337 million in 2023.
Looking ahead, Sabre expects high single-digit YoY revenue growth for 2025, with adjusted EBITDA projected to exceed $700 million and free cash flow to surpass $200 million.
The company ended 2024 with a cash balance of $746 million.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.