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Sabre announced financial results for the quarter ended September 30, 2017. Financial Summary * Third quarter revenue increased 7.3% * Airline and Hospitality Solutions revenue grew 4.8% * Travel Network revenue rose 8.6%, with bookings growth of 3.2%
* Net income attributable to common stockholders increased 122.9% to $91.0 million and diluted net income attributable to common stockholders per share (EPS) increased 135.7% to $0.33 partially due to an insurance settlement * Adjusted EBITDA grew 10.5% to $262.9 million and Adjusted EPS grew 14.8% to $0.31
Sabre Airline and Hospitality Solutions
Third quarter Airline and Hospitality Solutions revenue increased 4.8% to $274.9 million compared to $262.4 million for the same period in 2016.
Third quarter Airline and Hospitality Solutions operating income increased 28.3% to $68.4 million from $53.3 million in the prior-year period.
Third quarter Airline and Hospitality Solutions Adjusted EBITDA increased 17.4% to $111.7 million from $95.1 million in the prior-year period. Sabre Travel Network
Third quarter Travel Network revenue increased 8.6% to $632.3 million, compared to $582.4 million for the same period in 2016.
Travel Network global bookings increased 3.2% in the quarter, driven by 16.0% growth in EMEA and 10.8% growth in Asia-Pacific.
Third quarter Travel Network operating income increased 8.7% to $198.4 million from $182.5 million in the prior-year period.
Third quarter Travel Network Adjusted EBITDA increased 7.9% to $237.3 million from $219.9 million in the prior-year period. Full-Year 2017 Guidance
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