Sabre Corporation's Q4 earnings for 2023 resulted in a 27% stock drop due to future growth concerns, despite revenue slightly below estimates and a better-than-expected loss per share.

Sabre Corporation, a leading software company in the travel industry, reported its Q4 earnings for 2023. The company's stock lost 27% of its value due to guidance questioning future growth. Although Sabre lost $0.12 per share in Q4, which was better than expected, its revenue was slightly below estimates at $687 million. Free cash flow for the quarter was $77 million, an improvement from the previous year.

February 15, 2024
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