Avis Budget Group Reports Third Quarter Results
1. Q3 revenue was $3.5 billion, down 2% year-over-year. 2. Net income dropped 62% to $238 million from Q3 2023. 3. Vehicle utilization improved by about 2 percentage points. 4. Repurchased 526,000 shares for nearly $43 million. 5. Liquidity exceeded $1.2 billion at the quarter's end.