01:39 PM EDT, 05/02/2024 (MT Newswires) -- Sabre (SABR) shares were up nearly 3% in recent Thursday trading after the company reported its Q1 results.

The company's Q1 adjusted loss was $0.02 per share, narrowing from $0.18 per share a year earlier.

Three analysts polled by Capital IQ expected $0.06.

Revenue for the quarter ended March 31 was $782.9 million, up from $742.7 million.

Three analysts surveyed by Capital IQ expected $751.5 million.

The company said it expects Q2 revenue of around $750 million. Three analysts surveyed by Capital IQ expect $756.2 million.

The company raised its revenue forecast for the year to $3.04 billion from $3 billion previously. Analysts polled by Capital IQ expect $3.04 billion.

Price: 2.98, Change: +0.08, Percent Change: +2.76