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 Extends PGA TOUR Marketing Partnership, Adds Xander Schauffele as Ambassador
AVIS has served as the Official Rental Car Company of the PGA TOUR since 2011 PONTE VEDRA BEACH, Florida and PARSIPPANY, New Jersey – AVIS, one of the world’s best known car rental brands, has today announced a multi-year extension of its partnership as the Official Rental Car Company of the PGA TOUR, PGA TOUR […]
Avis Budget Group Announces Pricing of €200 Million of Senior Notes
PARSIPPANY, N.J., May 14, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), priced a private offering of €200 million aggregate principal amount of additional 7.25% Senior Notes due 2030 (the “Notes”). The Notes will be issued as additional notes under […]
Avis Budget Group Announces Intention to Offer €200 Million of Senior Notes
PARSIPPANY, N.J., May 13, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), intends, subject to market and other customary conditions, to offer €200 million aggregate principal amount of additional 7.25% Senior Notes due 2030 (the “Notes”) in a private offering. […]
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 Announces Pricing of €600 Million of Senior Notes
PARSIPPANY, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), priced a private offering of €600 million aggregate principal amount of 7.00% senior notes due 2029 (the “Notes”), which represents a €200 million increase from the previously announced […]
Avis Budget Group Announces Intention to Offer €400 Million of Senior Notes
PARSIPPANY, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiary, Avis Budget Finance plc (the “Issuer”), intends, subject to market and other customary conditions, to offer €400 million aggregate principal amount of senior notes due 2029 (the “Notes”) in a private offering. The Notes […]
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 […]