SOUTHLAKE, Texas (AP) _ Sabre Corp. (SABR) on Tuesday reported a loss of $245.9 million in its second quarter.
The Southlake, Texas-based company said it had a loss of 79 cents per share. Losses, adjusted for one-time gains and costs, came to 52 cents per share.
The provider of technology services to the travel industry posted revenue of $419.7 million in the period.
Sabre shares have dropped slightly more than 5% since the beginning of the year. The stock has increased 50% in the last 12 months.