Company: SABR
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001597033-25-000061
Chunk: 182

Company: Sabre Corp
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 182
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171 Adjusted Net Loss from continuing operations$(682)$(5,739)Adjusted Net Loss from continuing operations per share$— $(0.02)Adjusted diluted weighted-average common shares outstanding(8)386,271 379,774 Income (loss) from continuing operations$35,548 $(71,105)Adjustments:Depreciation and amortization of property and equipment(2b)16,680 19,713 Amortization of capitalized implementation costs(2c)4,315 4,824 Acquisition-related amortization(2a)8,791 9,622 Restructuring and other costs(4)— (5,053)Interest expense, net129,353 124,747 Other, net(3)(3,776)4,477 Loss on extinguishment of debt— 37,994 Acquisition-related costs(5)1,796 250 Indirect tax matters(6)274 — Stock-based compensation13,662 13,905 (Benefit) provision for income taxes(57,062)2,932 Adjusted EBITDA$149,581 $142,306 

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The following tables set forth the reconciliation of Adjusted 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