Interactive content platform Sabre Interactive software platform Interactive energy platform The Huffington, Inc. (TSXV: SABRE) reported fourth-quarter results on Thursday.
The company said its net revenue was $7.4 million and adjusted net loss attributable to non-controlling interests was $0.6 million, representing a $0 per share gain for the quarter.
It posted adjusted diluted earnings per share of $0, and adjusted EBITDA of $1.6 billion, or a $1 per share increase.
Revenue increased to $9.4 billion in the fourth quarter from $8.6 a year earlier, driven by strong growth in its online business.
Sabre said it grew net revenue to $6.6 bn in the quarter, driven largely by digital advertising revenue.
Revenues grew to $2.4 bn, from $2 billion in Q4 2016.
Net income rose to $1,921 million from $1 billion a year ago.
Analysts were more optimistic about revenue.
In a note to investors, Jefferies analyst James Gilden said, “Sabre’s strong performance on both digital advertising and in-app payments will enable it to continue to deliver growth.”
Analysts are not convinced the company can sustain its current level of growth.