Home > Online > Sabre revenue rises 7.3% to $900.6 million in Q3 2017

Sabre revenue rises 7.3% to $900.6 million in Q3 2017

10/31/2017| 10:38:17 PM| 中文

Sabre reiterated its full-year guidance in the third-quarter report of 2017. Revenue increased 7.3% to $900.6 million in the quarter.

Sabre announced financial results for the quarter ended September 30, 2017.

Financial Summary

* Third quarter revenue increased 7.3%

* Airline and Hospitality Solutions revenue grew 4.8%

* Travel Network revenue rose 8.6%, with bookings growth of 3.2%
 
* Net income attributable to common stockholders increased 122.9% to $91.0 million and diluted net income attributable to common stockholders per share (EPS) increased 135.7% to $0.33 partially due to an insurance settlement

* Adjusted EBITDA grew 10.5% to $262.9 million and Adjusted EPS grew 14.8% to $0.31
 
Sabre Airline and Hospitality Solutions
Third quarter Airline and Hospitality Solutions revenue increased 4.8% to $274.9 million compared to $262.4 million for the same period in 2016.
Third quarter Airline and Hospitality Solutions operating income increased 28.3% to $68.4 million from $53.3 million in the prior-year period.
Third quarter Airline and Hospitality Solutions Adjusted EBITDA increased 17.4% to $111.7 million from $95.1 million in the prior-year period.

Sabre Travel Network
Third quarter Travel Network revenue increased 8.6% to $632.3 million, compared to $582.4 million for the same period in 2016.
Travel Network global bookings increased 3.2% in the quarter, driven by 16.0% growth in EMEA and 10.8% growth in Asia-Pacific.
Third quarter Travel Network operating income increased 8.7% to $198.4 million from $182.5 million in the prior-year period.
Third quarter Travel Network Adjusted EBITDA increased 7.9% to $237.3 million from $219.9 million in the prior-year period.

Full-Year 2017 Guidance

Read original report

TAGS: Sabre | financial statements | OTA
©2017 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!