Sabre reports first quarter 2019 results
First quarter revenue increased 6.2%
Travel Network revenue rose 7.3%, with bookings growth of 2.7%
Airline Solutions revenue grew 3.1%, with passengers boarded growth of 6.6%
Hospitality Solutions revenue grew 6.9%
Net income attributable to common stockholders totaled $56.9 million and diluted net income attributable to common stockholders per share (EPS) totaled $0.20
Adjusted EPS totaled $0.34
Cash provided by operating activities totaled $152.0 million

SOUTHLAKE, Texas – April 30, 2019 – Sabre Corporation ("Sabre" or the "Company") (NASDAQ: SABR) today announced financial results for the quarter ended March 31, 2019.

"Today, I am pleased to report solid first quarter performance that provides continued evidence that we are progressing against our initiatives. With our technology-led leadership team in place and strategic focus on the retailing, distribution and fulfillment of travel, we have continued to meet and exceed our internal milestones and are gaining velocity in our technology transformation and evolved customer engagement approach. We are unlocking savings that fund investment to deliver new innovations that we believe will help advance the marketplace and drive future growth. We believe our strategy, technology transformation and customer engagement will lead to strong, long-term Free Cash Flow generation," said Sean Menke, Sabre president and CEO. "We gained air bookings share for the fifth quarter in a row, continued to progress on our long-term vision with the release of NDC and next-generation shopping solutions and received IATA ONE Order certification. With our solid first quarter results, I remain confident in the underlying performance of the business."


The following information was filed by Sabre Corp (SABR) on Tuesday, April 30, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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