Sabre Corporation (SABR) saw its stock soar 5.06% in Friday's pre-market trading session, following the company's fourth-quarter and full-year 2024 earnings release. The travel technology company reported solid financial results, driven by strategic initiatives and commercial wins, beating analysts' expectations and indicating a robust outlook for 2025.

The key highlights from Sabre's earnings report:

• Adjusted EBITDA increased by 53% year-over-year to $517 million, exceeding the initial guidance of over $500 million.
• Total revenue for 2024 grew 4% year-over-year to $3,030 million, driven by higher average distribution booking fees, double-digit growth in hotel distribution bookings, and new air distribution business.
• Sabre achieved its technology transformation objectives, migrating over 99% of compute capacity to the cloud, resulting in over $150 million in cost benefits.
• For 2025, Sabre expects high single-digit revenue growth, adjusted EBITDA of over $700 million, and free cash flow of over $200 million.

Sabre's strong performance was fueled by its growth strategies, including a modern technology stack, an open marketplace, and intelligent retailing solutions. The company signed significant new business deals, which are expected to drive substantial volume growth in 2025, particularly in air distribution bookings, hotel distribution bookings, and hospitality solutions CRS transactions.

Analysts praised Sabre's execution and outlook, with the company positioning itself for accelerated growth in 2025 and beyond. Investors responded positively, sending Sabre's stock soaring in pre-market trading on Friday, reflecting confidence in the company's ability to deliver shareholder value.