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 […]