SABR stock | 20% drop | $3.30/ share

 Sabre (SABR) Q3 CY2024 Highlights:

• Revenue: $764.7 million vs analyst estimates of $775.5 million (1.4% miss)
• EPS (GAAP): -$0.16 vs analyst estimates of -$0.16 (beat by $0)
• EBITDA: $130.6 million vs analyst estimates of $133.9 million (2.5% miss)
• Revenue Guidance for Q4 CY2024 is $715 million at the midpoint, below analyst estimates of $721.8 million
• EBITDA guidance for the full year is $515 million at the midpoint, below analyst estimates of $527.8 million
• Gross Margin (GAAP): 57.9%, down from 60.3% in the same quarter last year
• Operating Margin: 9.2%, up from 7% in the same quarter last year
• EBITDA Margin: 17.1%, up from 14.9% in the same quarter last year
• Free Cash Flow Margin: 1%, down from 5.3% in the same quarter last year
• Airline Bookings: 78,648 at quarter end
• Market Capitalization: $1.58 billion

Company OverviewOriginally a division of American Airlines (NASDAQ:AAL), Sabre (NASDAQ:SABR) is a technology provider for the global travel and tourism industry.