Why Sabre Shares Are Trading Lower Today
Sabre Corp (NASDAQ:SABR) reported first-quarter FY22 revenue growth of 79% year-on-year to $584.9 million, beating the consensus of $536.4 million. Revenue growth was driven by higher global air, hotel, and other travel bookings reflecting continued recovery from the pandemic. Travel Solutions revenue rose 85% Y/Y to $534 million, and the corresponding operating income…
Benzinga ·