Earnings beat
Avis Budget (NASDAQ:CAR) reports revenue rose 6% in Q4 after factoring out currency swings.
Adjusted EBITDA rose to a record level for the quarter of $143M.
The company says Q1 off to a strong start as the momentum we experienced in December has continued. Full-year revenue of $9.4B to $9.6B is anticipated vs $9.3B and adjusted EBITDA of $750M to $850M.
Shares of Avis are up 8.44% in AH trading
Avis Budget (NASDAQ:CAR) reports revenue rose 6% in Q4 after factoring out currency swings.
Adjusted EBITDA rose to a record level for the quarter of $143M.
The company says Q1 off to a strong start as the momentum we experienced in December has continued. Full-year revenue of $9.4B to $9.6B is anticipated vs $9.3B and adjusted EBITDA of $750M to $850M.
Shares of Avis are up 8.44% in AH trading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.