PARSIPPANY, N.J., August 1, 2022 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced financial results for second quarter 2022. We ended the quarter with revenues 37% above second quarter 2021, at $3.2 billion, making it our best quarter revenue in Company history. Our revenues were driven by continued strong demand and increased revenue per […]
PARSIPPANY, N.J., May 2, 2022 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced financial results for first quarter 2022. We ended the quarter with revenues 77% above the first quarter 2021, at $2.4 billion. Our revenues were driven by rental days as demand improved throughout the quarter and increased revenue per day. Net income was […]
PARSIPPANY, N.J., February 14, 2022 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced financial results for fourth quarter and full year ended December 31, 2021. We ended 2021 with fourth quarter revenues 90% above prior year and 19% above fourth quarter of 2019, at $2.6 billion. Our revenues were driven by increased revenue per […]
PARSIPPANY, N.J., Nov. 01, 2021 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced its third quarter 2021 financial results. We ended the third quarter with revenues almost double the prior year and 9% above the third quarter 2019, at $3.0 billion. Our revenues were driven by increased revenue per day and rental […]
PARSIPPANY, N.J., August 3, 2021 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced second quarter 2021 financial results. We ended the second quarter with revenues up more than three times prior year and 1% above second quarter 2019, at $2.4 billion. Our revenues were driven by increased revenue per day compared to second quarter […]
Conference Call to Discuss Results Scheduled for August 4th, 2021 PARSIPPANY, N.J., July 06, 2021 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2021 results after the market close on Tuesday, August 3rd, 2021, and to host a conference call for institutional investors to […]
PARSIPPANY, N.J., May 3, 2021 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced. first quarter 2021 financial results. Despite revenue being down 22% for the first quarter compared to prior year, and net loss of $170 million, we achieved Adjusted EBITDA of $47 million in the first quarter through cost discipline and double digit […]
PARSIPPANY, N.J., February 16, 2021 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced financial results for fourth quarter and full year ended December 31, 2020. Despite revenue being down 37% for the fourth quarter compared to prior year, and a net loss of $90 million, we generated positive Adjusted EBITDA of $74 million through disciplined cost […]
Conference Call to Discuss Results Scheduled for February 17th, 2021 PARSIPPANY, N.J., Jan. 14, 2021 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter and full year 2020 results after the market close on Tuesday, February 16th, 2021, and to host a conference call for institutional investors […]
PARSIPPANY, N.J., October 29, 2020 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced third quarter 2020 financial results, with Net income of $45 million and Adjusted net income of $79 million. Despite revenue being down 44% compared to the same period in the prior year, we achieved positive Adjusted EBITDA of $220 million in […]