Avis Budget Group (NASDAQ:CAR) moved higher in after-hours trading on Monday after topping EPS expectations with its Q2 earnings report.
Revenue was down 4% compared to a year ago to $3.1B. The Americas segment saw a drop in revenue of 5%, while the international segment saw revenue increase by 3%. Net income was $436M vs. $774M a year ago and adjusted EBITDA was down 39% to…
This story from seekingalpha.com was posted on 2023-08-01 by @wildpursuit.