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Avis Budget Group(CAR) - 2024 Q4 - Annual Results
CARAvis Budget Group(CAR)2025-02-11 21:03

Avis Budget Group Reports Fourth Quarter and Full Year Results PARSIPPANY, N.J., February 11, 2025 - 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 2.7billion,drivenbystrongleisureholidaytravel.Netlosswasnearly2.7 billion, driven by strong leisure holiday travel. Net loss was nearly 2 billion, and Adjusted EBITDA was a loss of 101million.Fullyearrevenueswere101 million. Full year revenues were 11.8 billion, driven by sustained year-over-year demand. Net loss was $ ...