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Sabre Corp (SABR.OQ)

SABR.OQ on NASDAQ Stock Exchange Global Select Market

27.07USD
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Serko says to collaborate with Sabre to develop online booking tool
Monday, 22 Aug 2016 10:02pm EDT 

Serko Ltd : Says deal will start contributing to serko's revenue in the second half of FY 2017 . Announced a collaboration to develop the next generation of Sabre online, deal to be worth a minimum of NZ$1 million per annum .  Full Article

Sabre reports Q2 adj EPS $0.37 from continuing operations
Tuesday, 2 Aug 2016 08:00am EDT 

Sabre Corp : Q2 adjusted earnings per share $0.37 from continuing operations . Q2 earnings per share $0.25 . Q2 revenue rose 19.5 percent to $845.2 million . Q2 earnings per share view $0.35, revenue view $849.7 million -- Thomson Reuters I/B/E/S . "We now expect full-year revenue to be toward lower end of our guidance range, or closer to 14.5 percent" . Year adjusted EBITDA, adjusted net income and adjusted EPS to be near midpoint of guidance ranges . "Looking over balance of year, macro environment has deteriorated somewhat, which will impact bookings growth in back half of year" . Sees FY Adjusted EPS In The Range Of $1.40 to $1.47 . Sees FY revenue $3,390 million to $3,430 million . Adjusting our expectations for 2016 free cash flow to approaching $375 million . FY2016 earnings per share view $1.46, revenue view $3.42 billion -- Thomson Reuters I/B/E/S Source (http://bit.ly/2ap2vY0) Further company coverage: [SABR.O] ((Bengaluru Newsroom; +91 80 6749 1130;)).  Full Article

CEO of Sabre Tom Klein to resign effective Dec. 31
Monday, 20 Jun 2016 05:00pm EDT 

Sabre Corp : Sabre corporation announces ceo transition . Says reiterates Full-Year 2016 guidance and medium-term goals . Tom Klein, president and ceo announced that he will resign from sabre and its board of directors effective december 31, 2016 . Sabre corp says tom klein will continue to serve as ceo while board conducts a formal search for his successor .Sabre corporation announces ceo transition.  Full Article

Sabre Corporation announces sale of common stock by existing shareholders
Thursday, 25 Feb 2016 04:24pm EST 

Sabre Corp:Announces sale of common stock by existing shareholders.Says secondary public offering of 20 million shares of common stock.Says secondary public offering of 20 million shares by stockholders affiliated with tpg global llc,silver lake management company II l.l.c.  Full Article

Sabre to acquire the Trust Group
Tuesday, 24 Nov 2015 08:30am EST 

Sabre Corporation:entered into a definitive agreement to acquire the Trust Group of Companies, a central reservations, revenue management and hotel marketing provider with a significant presence in EMEA and Asia Pacific.acquisition will include Trust International, InnLink and Nexus.At closing, Sabre will purchase the Trust Group from Battery Ventures, a global investment firm, for approximately $154 million, using proceeds from recently issued notes and cash on hand.acquisition is expected to contribute approximately $40 million of incremental revenue to Sabre in 2016 and to be accretive to Sabre's Adjusted EBITDA and neutral to its Adjusted EPS, assuming a first quarter 2016 closing date.acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in early 2016.Until closing, Sabre and the Trust Group will continue to operate as separate companies.  Full Article

Sabre Corp and Viajes Falabella expand technology agreement
Thursday, 19 Nov 2015 07:00am EST 

Sabre Corp:Says Co and Viajes Falabella is extending its technology agreement to support expansion plans and deliver personalized customer service.Extension also renews Sabre's position as their preferred travel technology provider.  Full Article

Sabre Corp declares quarterly dividend
Tuesday, 10 Nov 2015 04:01pm EST 

Sabre Corp:Declared a quarterly dividend of $0.09 per share.Says dividend is payable on December 30, 2015 to stockholders of record on December 21, 2015.  Full Article

Sabre Corp signs distribution and merchandising agreement with Virgin Australia
Thursday, 8 Oct 2015 08:07am EDT 

Sabre Corp:Sabre signs distribution and merchandising agreement with virgin Australia.Says new agreement to provide content, merchandising solutions and Sabre marketplace analytics to virgin Australia.New agreement follows virgin Australia's recent decision to renew and expand technology agreement with Sabre.  Full Article

Sabre Corporation announces closing of secondary offering of common stock
Monday, 10 Aug 2015 12:55pm EDT 

Sabre Corporation:Says closing of a public offering by existing stockholders affiliated with TPG Global, LLC and Silver Lake Management Company II, L.L.C of 19,000,000 shares of common stock at a price to the public of $26.85 per share.No shares were sold by the Company.Goldman, Sachs & Co. acted as the sole underwriter for the offering.  Full Article

Sabre Corporation raises FY 2015 guidance
Tuesday, 4 Aug 2015 07:00am EDT 

Sabre Corporation:Says that it is increasing guidance for FY 2015.Sees FY 2015 revenue of between $2.95 billion and $2.98 billion.Sees FY 2015 Adjusted EBITDA to be between $930 million and $945 million.Sees FY 2015 Adjusted Net Income and Adjusted EPS guidance to $290 million to $305 million and $1.05 to $1.11, respectively.  Full Article

U.S. airlines say outage linked to tech glitch at Sabre resolved

American Airlines Group Inc and Alaska Air Group Inc said on Friday an outage related to a technical issue at reservation services provider Sabre Corp's computer systems has been resolved.