Sabre(SABR) - 2024 Q1 - Quarterly Results
Sabre(SABR)2024-05-02 19:40
Sabre reports first quarter 2024 results that exceed prior guidance; raises full- year 2024 financial outlook Business highlights: • Reported strong financial performance that exceeded prior Q1 guidance; raising full-year 2024 revenue and Adjusted EBITDA outlook • Generated $98 million of operating income and a 13 percentage point operating margin improvement; Q1 revenue increased 5% year-over-year while operating costs declined 8% over the same period • Hyatt implementation to the SynXis platform on schedu ...