SABRE CORPORATION (NASDAQ:SABR) Files An 8-K Results of Operations and Financial ConditionItem 2.02
Results of Operations and Financial Condition.
On October30, 2018, Sabre Corporation (“Sabre”) issued a press release and will hold a conference call regarding its financial results for the quarter ended September30, 2018. A copy of the press release is attached as Exhibit 99.1.
The information in this Item 2.02 of Form 8-K and the attached exhibit shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Sabre makes reference to non-GAAP financial measures in the press release. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release.
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Item 2.02. |
Financial Statements and Exhibits. |
(d) Exhibits
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Exhibit Number |
Description |
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99.1 |
Press Release dated October 30, 2018.
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Sabre Corp ExhibitEX-99.1 2 q32018earningsrelease.htm EXHIBIT 99.1 PRESS RELEASE Exhibit Sabre reports third quarter 2018 results•Sabre third quarter revenue increased 7.7% to $970.3 million •Travel Network revenue rose 10.7%; bookings grew 7.7% •Airline Solutions revenue increased 1.1% •Hospitality Solutions revenue grew 3.1% •Cash provided by operating activities increased 9.2% to $194.4 million •Raised full-year 2018 revenue and earnings guidanceSOUTHLAKE,…To view the full exhibit click here
About SABRE CORPORATION (NASDAQ:SABR)
Sabre Corporation is a technology solutions provider to the global travel and tourism industry. The Company’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. The Company operates in two segments: Sabre Travel Network, and Sabre Airline and Hospitality Solutions. The Sabre Travel Network segment is the Company’s global business-to-business travel marketplace for travel suppliers and travel buyers. The Sabre Airline and Hospitality Solutions segment offers a suite of software solutions primarily for airlines and hotel properties. The Company connects the travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines and tour operators, with travel buyers in a travel marketplace. The Company does business in approximately 160 countries around the world.
