Brief: Sabre Corp Quarterly Adjusted Loss Per Share $0.17

Sabre

03/08/2023 14:52

Aug 3 (Reuters) - Sabre Corp  SABR.O :
    * QUARTERLY ADJUSTED LOSS PER SHARE $0.17
    * SECOND QUARTER REVENUE OF $738 MILLION, UP 12% FROM THE
SECOND
QUARTER 2022
    * QUARTERLY LOSS PER SHARE $0.39
    * ON TRACK TO DELIVER SAVINGS OF $100M IN 2H'23 AND $200M
FOR
FY2024 FROM PREVIOUSLY ANNOUNCED COST REDUCTION PROGRAM
    * SEES  FY REVENUE BETWEEN $2.9B TO $3.0B
    * SEES Q3 REVENUE OF ABOUT $725 MILLION
    * 2025 FINANCIAL TARGETS FOR ADJUSTED EBITDA OF GREATER THAN
$900
MILLION, AND FREE CASH FLOW OF GREATER THAN $500 MILLION ARE
UNCHANGED
    * Q2 EARNINGS PER SHARE VIEW $-0.23, REVENUE VIEW $717.5
MILLION
-- REFINITIV IBES DATA
    * Q3 REVENUE VIEW $725.8 MILLION -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $2.90 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID: 
Further company coverage:  SABR.O 

 ((Reuters.Briefs@thomsonreuters.com;))