Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 35

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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ITEM 1. FINANCIAL STATEMENTS

SABRE CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts)

(Unaudited) Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Revenue $687,149 $695,050 $1,389,275 $1,408,683 Cost of revenue, excluding technology costs296,354 293,340 601,825 586,050 Technology costs172,494 199,050 347,801 400,634 Selling, general and administrative129,167 153,938 259,120 284,082 Operating income89,134 48,722 180,529 137,917 Other expense:Interest expense, net(111,244)(116,428)(221,034)(228,309)Loss on extinguishment of debt(85,182)— (85,182)(37,994)Equity method income738 469 1,403 1,429 Other, net(3,202)3,426 (497)(536)Total other expense, net(198,890)(112,533)(305,310)(265,410)Loss from continuing operations before income taxes(109,756)(63,811)(124,781)(127,493)Provision for income taxes91,262 5,920 79,614 9,328 Loss from continuing operations(201,018)(69,731)(204,395)(136,821)(Loss) income from discontinued operations, net of tax(55,514)246 (16,588)(3,769)Net loss(256,532)(69,485)(220,983)(140,590)Net (loss) income attributable to noncontrolling interests(168)275 45 653 Loss attributable to common stockholders$(256,364)$(69,760)$(221,028)$(141,243)Basic net (loss) income per share attributable to common stockholders:Loss from continuing operations$(0.51)$(0.18)$(0.53)$(0.36)Loss from discontinued operations(0.14)— (0.04)(0.01)Net loss per common share$(0.65)$(0.18)$(0.57)$(0.37)Diluted net (loss) income per