Sabre (SABR – Free Report) shares fell 15.1% on Wednesday after the travel technology company reported a loss for the third quarter of 2022 and lower-than-expected top-line results, raising concerns for slow post-pandemic recovery.
The company’s adjusted loss was 25 cents per share, which came in line with the Zacks Consensus Estimate. The figure was narrower than the year-ago quarter’s loss of 50 cents per share.
Sabre reported revenues of…