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home / news releases / SABR - Sabre Corporation (SABR) Q4 2023 Earnings Call Transcript


SABR - Sabre Corporation (SABR) Q4 2023 Earnings Call Transcript

2024-02-15 15:11:06 ET

Sabre Corporation (SABR)

Q3 2023 Earnings Conference Call

February 15, 2024 09:00 AM ET

Company Participants

Brian Evans - SVP, IR and Treasurer

Kurt Ekert - CEO and President

Michael Randolfi - CFO and EVP

Scott Wilson - EVP and President, Hospitality Solutions

Conference Call Participants

Josh Baer - Morgan Stanley

Jed Kelly - Oppenheimer

Dan Wasiolek - Morningstar

Alex Irving - Bernstein

Victor Cheng - Bank of America

Presentation

Operator

Good morning and welcome to the Sabre's Fourth Quarter and Full Year 2023 Earnings Conference Call. My name is Olivia and I'll be your operator. As a reminder, please note today's call is being recorded.

I will now turn the call over to the Senior Vice President of Investor Relations and Treasurer, Brian Evans. Please go ahead, sir.

Brian Evans

Thank you and good morning everyone. Welcome to Sabre's fourth quarter and full year 2023 earnings call. This morning, we issued an earnings press release, which is available on our website at investors.sabre.com.

A slide presentation, which accompanies today's prepared remarks is also available during this call on the Sabre Investor Relations webpage. A replay of today's call will be available on our website later this morning.

We advise you that our comments contain forward-looking statements that represent our beliefs or expectations about future events, including the effects of cost efficiencies and growth strategies, distribution volumes, benefits from our technology transformation, commercial and strategic arrangements, our financial guidance and targets, expected revenue, adjusted EBITDA, free cash flow, interest, capital expenditures, margins, and liquidity among others.

All forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from the statements made on today's conference call. More information on these risks and uncertainties is contained in our earnings release issued this morning and our SEC filings, including our Form 10-K for the year ended December 31st, 2023.

Throughout today's call, we will also be presenting certain non-GAAP financial measures. References during today's call to adjusted EBITDA, adjusted EBITDA margin, adjusted EPS and free cash flow have been adjusted to exclude certain items.

The most directly comparable GAAP measures and reconciliations for non-GAAP measures are available in the earnings release and on other documents posted on our website at investors.sabre.com.

Participating with me are Kurt Ekert, President and CEO; Mike Randolfi, Chief Financial Officer; Scott Wilson, Executive Vice President and President of Hospitality Solutions, will be available for Q&A after the prepared remarks....

For further details see:

Sabre Corporation (SABR) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Sabre Corporation
Stock Symbol: SABR
Market: NASDAQ
Website: investors.sabre.com

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