SOUTHLAKE, Texas (AP) — SOUTHLAKE, Texas (AP) — Sabre Corp. (SABR) on Thursday reported a loss of $36.2 million in its second quarter.
The Southlake, Texas-based company said it had a loss of 9 cents per share. Losses, adjusted for one-time gains and costs, were 17 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The provider of technology services to the travel industry posted revenue of $712 million in the period.
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