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Avis Budget gains after posting better-than-feared profit for Q2

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seekingalpha.com/news/3993730-avis-budget-gains-after-posting-better-than-feared-profit-for-q2

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.

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