Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 181

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 181
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 liability accounts, and does not reflect the cash requirements necessary to service the principal payments on our indebtedness; and

•other companies, including companies in our industry, may calculate Adjusted Net Loss, Adjusted EBITDA or Free Cash Flow differently, which reduces their usefulness as comparative measures.

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The following table sets forth the reconciliation of Net loss attributable to common stockholders to Adjusted Net Loss from continuing operations and Loss from continuing operations to Adjusted EBITDA (in thousands): Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Net loss attributable to common stockholders$(256,364)$(69,760)$(221,028)$(141,243)Loss (income) from discontinued operations, net of tax55,514 (246)16,588 3,769 Net (loss) income attributable to noncontrolling interests(1)(168)275 45 653 Loss from continuing operations(201,018)(69,731)(204,395)(136,821)Adjustments:Acquisition-related amortization(2a)7,732 8,257 15,464 16,516 Restructuring and other costs(4)— 15,492 — 10,439 Loss on extinguishment of debt85,182 — 85,182 37,994 Other, net(3)3,202 (3,426)497 536 Acquisition-related costs(5)(163)613 520 863 Indirect tax matters(6)(8,226)7,710 (7,951)7,710 Stock-based compensation11,290 10,845 23,602 23,364 Tax impact of adjustments(7)94,180 8,016 82,044 11,915 Adjusted Net Loss from continuing operations$(7,821)$(22,224)$(5,037)$(27,484)Adjusted Net Loss from continuing operations per share$(0.02)$(0.06)$(0.01)$(0.07)Adjusted diluted weighted-average common shares outstanding390,905 383,506 388,601 381,640 Loss from continuing operations$(201,018)$(69,731)$(204,395)$(136,821)Adjustments:Depreciation and amortization of property and equipment(2b)14,820 15,142 29