Avis Budget Group Provides Preliminary First Quarter 2020 Financial Results; Update on April Trends, Mitigation Actions and Liquidity
PARSIPPANY, N.J., April 22, 2020 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today provided preliminary First Quarter 2020 Financial Results as well as a further business update related to COVID-19 to supplement our earlier press release issued on March 23, 2020. Preliminary First Quarter ResultsJanuary and February started out exceptionally strong with Revenue […]
Avis Budget Group Delivers Record Fourth Quarter Revenue Driven By Overperformance in the Americas
PARSIPPANY, N.J., Feb. 19, 2020 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today reported a record fourth quarter and results for the full year ended December 31, 2019, driven by the strong performance in the Americas. We are also providing our outlook for 2020. Fourth Quarter 2019 over Fourth Quarter 2018 Highlights: Revenues increased […]
Avis Budget Group to Announce Fourth Quarter 2019 Results on February 19th
Conference Call to Discuss Results Scheduled for February 20th, 2020 PARSIPPANY, N.J., Jan. 23, 2020 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2019 results after the market close on Wednesday, February 19th, 2020, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Reports Third Quarter 2019 Results
PARSIPPANY, N.J., Oct. 31, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its third quarter ended September 30, 2019. Third Quarter 2019 over Third Quarter 2018 Highlights: Revenues of $2.8 billion were comparable to prior year, up 1% excluding currency exchange rate movements Net income was $189 million or $2.50 […]
Avis Budget Group to Announce Third Quarter 2019 Results on October 31st
Conference Call to Discuss Results Scheduled for November 1st, 2019 PARSIPPANY, N.J., Oct. 07, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2019 results after the market close on Thursday, October 31st, 2019, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Reports Second Quarter 2019 Results
PARSIPPANY, N.J., Aug. 05, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its second quarter ended June 30, 2019. Second Quarter Highlights: Record second quarter revenues of $2.3 billion, including the negative impact of $46 million, or 2%, from currency exchange rate movements Net income increased to $62 million, a […]
Avis Budget Group to Announce Second Quarter 2019 Results on August 5th
Conference Call to Discuss Results Scheduled for August 6th, 2019 PARSIPPANY, N.J., July 18, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2019 results after the market close on Monday, August 5th, 2019, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Announces Closing of $400 Million Senior Notes Offering
PARSIPPANY, N.J., July 03, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., have completed an offering of $400 million aggregate principal amount of 5.75% Senior Notes due 2027 in a private offering. Avis Budget Group intends to […]
Avis Budget Group Announces Intention to Offer $400 Million of Senior Notes
PARSIPPANY, N.J., June 19, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., intend, subject to market and other customary conditions, to offer $400 million aggregate principal amount of senior notes due 2027 in a private offering. The […]
Avis Budget Group to Announce Third Quarter 2018 Results on November 5
Conference Call to Discuss Results Scheduled for November 6, 2018PARSIPPANY, N.J., Oct. 10, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2018 results after the market close on Monday, November 5, 2018, and to host a conference call for institutional investors to discuss […]