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Avis Budget Group(CAR) - 2024 Q2 - Quarterly Results
CARAvis Budget Group(CAR)2024-08-05 20:01

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 3.0billion,drivenbysequentialmonthlyimprovementinrevenueperday.Netincomewas3.0 billion, driven by sequential monthly improvement in revenue per day. Net income was 15 million and our Adjusted EBITDA was $214 million. 1 "As the second quarter progressed, demand elevated with pricing and vehicle utilization sequentially improving. June pricing finished dow ...