Avis Budget Group Reports Third Quarter Results
PARSIPPANY, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for third quarter 2024 today. We ended the quarter with revenues of nearly $3.5 billion, net income of $238 million, and Adjusted EBITDA1 of $503 million. “We maintained a strong focus on pricing throughout the quarter, prioritizing higher […]
Avis Budget Group to Announce Third Quarter 2024 Results on October 31st
Conference Call to Discuss Results Scheduled for November 1st, 2024 PARSIPPANY, N.J., Oct. 25, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2024 results after the market close on Thursday, October 31st, 2024, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Reports Second Quarter Results
PARSIPPANY, N.J., August 5, 2024 – Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for second quarter 2024 today. We ended the quarter with revenues of more than $3.0 billion, driven by sequential monthly improvement in revenue per day. Net income was $15 million and our Adjusted EBITDA1 was $214 million. “As the second quarter progressed, […]
Avis Budget Group to Announce Second Quarter 2024 Results on August 5th
Conference Call to Discuss Results Scheduled for August 6th, 2024 PARSIPPANY, N.J., July 11, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2024 results after the market close on Monday, August 5th, 2024, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Reports First Quarter Results
PARSIPPANY, N.J., May 1, 2024 – Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for first quarter 2024 today. We ended the quarter with revenues of $2.6 billion, driven by strong travel demand. Net loss was $113 million and our Adjusted EBITDA1 was $12 million. Our liquidity position at the end of the quarter was approximately […]
Avis Budget Group to Announce First Quarter 2024 Results on May 1st
Conference Call to Discuss Results Scheduled for May 2nd, 2024 PARSIPPANY, N.J., April 19, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2024 results after the market close on Wednesday, May 1st, 2024, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Reports Fourth Quarter and Full Year Results
PARSIPPANY, N.J., February 12, 2024 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced financial results for the fourth quarter and full year ended December 31, 2023. We ended 2023 with fourth quarter revenues of $2.8 billion, driven by strong demand. Net income was $260 million and Adjusted EBITDA(1) was $311 million. Full year revenues of $12.0 […]
Avis Budget Group to Announce Fourth Quarter 2023 Results on February 12
Conference Call to Discuss Results Scheduled for February 13, 2024 PARSIPPANY, N.J., Jan. 12, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2023 results after the market close on Monday, February 12, 2024, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Reports Third Quarter Results
PARSIPPANY, N.J., November 1, 2023 – Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for third quarter 2023 today. We ended the quarter with revenues of $3.6 billion, driven by peak demand and seasonal revenue per day increases. Net income was $627 million and our Adjusted EBITDA(1) was $907 million. Our liquidity position at the […]
Avis Budget Group Reports Second Quarter Results
PARSIPPANY, N.J., July 31, 2023 – Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for second quarter 2023 today. We ended the quarter with revenues of $3.1 billion, driven by strong demand and seasonal revenue per day increase. Net income was $436 million and our Adjusted EBITDA1 was $737 million. Utilization was up 50 basis points compared […]