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Avis Budget Group Reports Fourth Quarter and Full Year Results

PARSIPPANY, N.J., Feb. 11, 2025 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for the fourth quarter and full year ended December 31, 2024 today. We ended 2024 with fourth quarter revenues of $2.7 billion, driven by strong leisure holiday travel. Net loss was nearly $2 billion, and Adjusted EBITDA1 was a loss of $101 million. […]