Sabre reports Q3 adjusted EPS (1c), consensus 6c

Reports Q3 revenue $715.18M, consensus $715.31M. “Our third quarter results reflect solid execution and improving momentum across our business,” said Kurt Ekert, President and CEO of Sabre (SABR). “We delivered positive growth in quarterly air distribution bookings driven by strong growth in September. This resulted in year-on-year growth in both revenue and Adjusted EBITDA. In what has been a dynamic year, recent optimistic commentary from the broader travel industry provides us confidence that we are well positioned as we head into next year.” Ekert continued, “We are committed to delevering the balance sheet and driving sustainable growth through innovation. Consistent with that, during the quarter, we repaid approximately $825 million of debt, and we were first in the industry to announce agentic APIs for travel. We believe AI presents an incredible opportunity within the travel industry and these tools will enable a new era of AI-driven retailing. Looking forward, we believe focused execution of our strategic priorities positions Sabre for long-term growth and value creation.”