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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. […]

Avis Budget Group to Announce Fourth Quarter 2024 Results on February 11th

Conference Call to Discuss Results Scheduled for February 12th, 2025 PARSIPPANY, N.J., Feb. 07, 2025 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2024 results after the market close on Tuesday, February 11th, 2025, and to host a conference call for institutional investors to discuss these […]

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 Announces Pricing of $700 Million of Senior Notes

PARSIPPANY, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), priced a private offering of $700 million aggregate principal amount of 8.250% senior notes due 2030 (the “Notes”), which represents a […]

Avis Budget Group Announces Intention to Offer $500 Million of Senior Notes

PARSIPPANY, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), intend, subject to market and other customary conditions, to offer $500 million aggregate principal amount of senior notes due 2030 (the […]

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 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 […]