Sabre Corp is a technology company that provides software and services to the travel and hospitality industries, helping to facilitate the planning, booking, and management of travel experiences. With its advanced data and analytics capabilities, Sabre delivers solutions that enhance operational efficiency for airlines, hotels, and travel agencies. The company's platform includes a wide range of tools, including booking engines, reservation systems, and revenue management solutions, enabling travel providers to optimize their offerings and improve customer experiences. Through its innovative technology, Sabre is dedicated to transforming the way travel is planned and experienced globally.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the travel and vacation providers industry, including Norwegian Cruise Line (NYSE:NCLH) and its peers.
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Travel technology company Sabre (NASDAQ:SABR) missed Wall Street’s revenue expectations in Q3 CY2024 as sales rose 3.3% year on year to $764.7 million. The company expects next quarter’s revenue to be around $715 million, slightly below analysts’ estimates. Its GAAP loss of $0.16 per share was 2% above analysts’ consensus estimates.
