Company: SABR
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001597033-25-000061
Chunk: 246

Company: Sabre Corp
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 2
Chunk 246
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ed EBITDA to Loss from continuing operations in our statement of operations by business segment (in thousands):Three Months Ended March 31, 2025Travel SolutionsHospitality SolutionsCorporate Total Adjusted EBITDA$184,429 $11,456 $(46,304)$149,581 Less: Depreciation and amortization of property and equipment(2b)13,400 3,072 208 16,680 Amortization of capitalized implementation costs(2c)2,963 1,352 — 4,315 Acquisition-related amortization(2a)— — 8,791 8,791 Acquisition-related costs(5)— — 1,796 1,796 Indirect tax matters(6)— — 274 274 Stock-based compensation— — 13,662 13,662 Equity method income665 — — 665 Operating income (loss)$167,401 $7,032 $(71,035)$103,398 Interest expense, net(129,353)Other, net(3)3,776 Equity method income665 Benefit for income taxes57,062 Income from continuing operations$35,548 

Three Months Ended March 31, 2024Travel SolutionsHospitality SolutionsCorporate Total Adjusted EBITDA$188,309 $8,271 $(54,274)$142,306 Less: Depreciation and amortization of property and equipment(2b)15,171 4,331 211 19,713 Amortization of capitalized implementation costs(2c)3,356 1,468 — 4,824 Acquisition-related amortization(2a)— — 9,622 9,622 Restructuring and other costs(4)— — (5,053)(5,053)Acquisition-related costs(5)— — 250 250 Stock-based compensation— — 13,905 13,905 Equity method income960 — — 960 Operating income (loss)$168,822 $2,472 $(73,209)$98,085 Interest expense, net(124,747)Other, net(3)(4,477)Loss on extinguishment of debt(37,994)Equity method income960 Provision for income taxes(2,932)L