Avis Budget Group Capitalizes on Continued Economic Recovery

PARSIPPANY, N.J., May 03, 2021 (GLOBE NEWSWIRE) — 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

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