SABR stock

 

Sabre Non-GAAP EPS of -$0.36 misses by $0.05, revenue of $631.18M misses by $34.41M

Feb. 15, 2023 7:57 AM ETSabre Corporation (SABR)By: Deepa Sarvaiya, SA News Editor

• Sabre press release (NASDAQ:SABR): Q4 Non-GAAP EPS of -$0.36 misses by $0.05.
• Revenue of $631.18M (+26.1% Y/Y) misses by $34.41M.
• • Distribution revenue totaled $417 million, a 46% improvement versus revenue of $286 million in the fourth quarter of 2021 due to the continued recovery in bookings.
• IT Solutions revenue totaled $157 million, a 5% decline versus revenue of $165 million in the fourth quarter of 2021.
• • Generated $1 million of Adjusted EBITDA
• Shares -7.98% PM.