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Sabre: Q4 Earnings Snapshot

SOUTHLAKE, Texas (AP) — SOUTHLAKE, Texas (AP) — Sabre Corp. (SABR) on Wednesday reported a loss of $103.1 million in its fourth quarter.

On a per-share basis, the Southlake, Texas-based company said it had a loss of 26 cents. Losses, adjusted for restructuring costs and pretax expenses, were 1 cent per share.

The results exceeded Wall Street expectations. The average estimate of four 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 $666.5 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $653.4 million.

For the year, the company reported profit of $524.6 million, or $1.34 per share. Revenue was reported as $2.77 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SABR at https://www.zacks.com/ap/SABR

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
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