Earnings release
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Sabre highlights bookings improvement and reports first quarter 2021 results First quarter 2021 business overview : Bookings environment improved with a 15 percentage point sequential improvement from January to March in Sabre's net bookings versus 2019 , despite the ongoing impact of the COVID - 19 pandemic Strongest improvement was in North American air bookings and global hotel bookings Progressed with NDC initiatives and achieved NDC Level 4 certification as an IT Provider , confirming ability to support full offer and order management capabilities Completed migration of Travel Solutions Agency Air Shopping to Google Cloud , first of three technology milestones planned this year Advanced other aspects of technology transformation with set up of Google Cloud environments in two out of four global regions for Hospitality Solutions CRS and completed offloads of several compute - heavy mainframe capabilities Ended the quarter with cash balance of $ 1.3 billion ● ● ● First quarter 2021 summary : Sabre ● ● First quarter revenue totaled $ 327 million Net loss attributable to common stockholders of $ 266 million and net loss attributable to common stockholders per share of $ 0.84 Adjusted EPS totaled ( $ 0.72 ) All metrics were negatively impacted by the COVID - 19 pandemic , partially offset by variable cost relief and the effect of cost saving actions SOUTHLAKE , Texas - May 4 , 2021 - Sabre Corporation ( " Sabre " or the " Company " ) ( NASDAQ : SABR ) today announced financial results for the quarter ended March 31 , 2021 . 1