Category: Business News BUSINESS NEWS Avis Budget Group Reports New Record Net Income and Adjusted EBITDA POSTED ON NOVEMBER 3, 2021 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 […] BUSINESS NEWS Avis Budget Group Reports Record Net Income and Adjusted EBITDA POSTED ON AUGUST 4, 2021 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 […] BUSINESS NEWS Avis Budget Group to Announce Second Quarter 2021 Results on August 3rd POSTED ON JULY 7, 2021 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 […] BUSINESS NEWS Avis Budget Group Capitalizes on Continued Economic Recovery POSTED ON MAY 4, 2021 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 […] BUSINESS NEWS Avis Budget Group Removes More than $2.5 billion of Costs Setting the Stage for Future Recovery POSTED ON FEBRUARY 16, 2021 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 […] BUSINESS NEWS Avis Budget Group Reports Positive Earnings and Removes an Additional $1 Billion of Expenses in Third Quarter POSTED ON OCTOBER 29, 2020 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 […] BUSINESS NEWS Avis Budget Group To Announce Third Quarter 2020 Results On October 29th POSTED ON OCTOBER 13, 2020 Conference Call to Discuss Results Scheduled for October 30th, 2020 PARSIPPANY, N.J., October 13th, 2020 — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2020 results after the market close on Thursday, October 29th, 2020, and to host a conference call for institutional investors to discuss these […] BUSINESS NEWS Avis Budget Group Announces Chief Financial Officer Transition POSTED ON AUGUST 13, 2020 PARSIPPANY, N.J., Aug. 13, 2020 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced that John F. North III will transition from Chief Financial Officer to pursue other interests. Brian Choi will assume the role of Chief Financial Officer on August 24, 2020. As part of the transition, Mr. Choi will resign from the Avis […] BUSINESS NEWS Avis Budget Group Removes over $1 Billion in Expenses in Second Quarter to Mitigate Impacts of COVID-19 POSTED ON JULY 28, 2020 PARSIPPANY, N.J., July 28, 2020 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced second quarter 2020 financial results, with a Net loss of $481 million and an Adjusted net loss of $388 million. Total Revenues were down 67% year-over-year. Throughout the quarter, we increased the magnitude of our cost removal actions, and […] BUSINESS NEWS Avis Budget Group Reports First Quarter 2020 Results and Pandemic Response Actions POSTED ON MAY 4, 2020 PARSIPPANY, N.J., May 04, 2020 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its first quarter ended March 31, 2020. First Quarter 2020 over First Quarter 2019: Revenues of $1.8 billion, a decrease of 9%, however, Year to Date February Revenues were up 9% Net loss of $158 million, or $2.16 per […] Posts navigation 1 2 … 39 Next Search for: Categories Business News Partnerships Press Releases Technology & Innovation Recent Press Releases Avis Budget Group Reports New Record Net Income and Adjusted EBITDA Avis Budget Group Reports Record Net Income and Adjusted EBITDA Avis Budget Group to Announce Second Quarter 2021 Results on August 3rd Avis Budget Group Capitalizes on Continued Economic Recovery Avis Budget Group Removes More than $2.5 billion of Costs Setting the Stage for Future Recovery Avis Budget Group to Announce Fourth Quarter & Full Year 2020 Results on February 16th Avis Budget Group Reports Positive Earnings and Removes an Additional $1 Billion of Expenses in Third Quarter Search by Month Search by Month Select Month November 2021 August 2021 July 2021 May 2021 February 2021 January 2021 October 2020 August 2020 July 2020 May 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 March 2018 February 2018 January 2018 December 2017 November 2017 October 2017 September 2017 August 2017 July 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017 December 2016 November 2016 October 2016 September 2016 August 2016 July 2016 June 2016 May 2016 April 2016 March 2016 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 August 2015 July 2015 June 2015 May 2015 April 2015 March 2015 February 2015 January 2015 December 2014 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 Contact For press inquiries contact PR@avisbudget.com Copyright ©2020 Avis Budget Group All rights reserved Privacy Notice Terms of Use OUR BRANDS Avis Budget Budget Truck Rental Zipcar Payless Maggiore France Cars Apex AmicoBlue MoriniRent QUICK LINKS About Brands Innovation Investors Careers Services Environmental, Social & Governance (ESG) News & Media Business Intelligence Airport Business and Compliance GET IN TOUCH Contact Us Customer Service View Careers View Press Releases ABG Licensing