(VIANEWS) – Shares of Sabre Corporation (NASDAQ: SABR) dropped by a staggering 27.87% in 10 sessions from $6.89 at 2023-02-14, to $4.97 at 11:57 EST on Wednesday, following the last session’s downward trend. NASDAQ is falling 0.66% to $11,379.87, after three successive sessions in a row of losses.
Sabre Corporation’s last close was $5.06, 57.01% under its 52-week high of $11.77.
About Sabre Corporation
Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides software and technology solutions for the travel industry worldwide. It operates in two segments, Travel Solutions and Hospitality Solutions. The Travel Solutions segment operates as a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments. This segment also provides a portfolio of software technology products and solutions through software-as-a-service (SaaS) and hosted delivery models to airlines and other travel suppliers. Its products include reservation systems for carriers, commercial and operations products, agency solutions, and data-driven intelligence solutions. The Hospitality Solutions segment provides software and solutions to hoteliers through SaaS and hosted delivery models. Sabre Corporation was incorporated in 2006 and is headquartered in Southlake, Texas.
Earnings Per Share
As for profitability, Sabre Corporation has a trailing twelve months EPS of $-4.42.
Sales Growth
Sabre Corporation’s sales growth is 33% for the present quarter and 32.5% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 50.4%, now sitting on 2.41B for the twelve trailing months.
More news about Sabre Corporation (SABR).
