Reported first full year of GAAP profitability Record fourth quarter results: revenue of $442.2 million, net income of $41.2 million, and Adjusted EBITDA of $88.6 million
Reported first full year of GAAP profitability Record fourth quarter results: revenue of $442.2 million, net income of $41.2 million, and Adjusted EBITDA of $88.6 million
Avis Budget press release ( CAR ): Q4 GAAP EPS of -$21.25 misses by $21.06 . Revenue of $2.7B (-0.4% Y/Y) misses by $40M . Adjusted EBITDA in the Americas was $1 million compared to a loss of $63 million in the same period last year, driven by lower fleet costs, partially offset by a decrease in revenue per day. Adjusted EBITDA in International was $21 million compared to a loss of $11 million in ...
Avis Budget press release ( CAR ): Q4 GAAP EPS of -$21.25 misses by $21.06 . Revenue of $2.7B (-0.4% Y/Y) misses by $40M . Adjusted EBITDA in the Americas was $1 million compared to a loss of $63 million in the same period last year, driven by lower fleet costs, partially offset by a decrease in revenue per day. Adjusted EBITDA in International was $21 million compared to a loss of $11 million in the same period last year, driven by stronger revenue per day and lower fleet costs, partially offset by a decrease in rental days. In December, we sold EVs to a joint venture and, in connection, received $183 million in cash proceeds for the monetization of tax credits related to those EVs. Additionally, we issued $965 million of alternative funding asset-backed securities with a targeted two-year term and a maturity date of June 2028 and used the proceeds to pay down other fleet indebtedness. Our liquidity position at the end of the quarter was approximately $818 million, with an additional $2.1 billion of fleet funding capacity. More on Avis Budget Avis Budget: Unattractive With Soft Used Car Prices Most and least shorted industrial stocks with over $2B market cap Most and least shorted industrial stocks with over $2B market cap Seeking Alpha’s Quant Rating on Avis Budget Historical earnings data for Avis Budget
In trading on Wednesday, shares of Global Payments Inc (Symbol: GPN) crossed above their 200 day moving average of $80.16, changing hands as high as $81.67 per share. Global Payments Inc shares are currently trading up about 15.9% on the day. The chart below shows the one year
In trading on Wednesday, shares of Global Payments Inc (Symbol: GPN) crossed above their 200 day moving average of $80.16, changing hands as high as $81.67 per share. Global Payments Inc shares are currently trading up about 15.9% on the day. The chart below shows the one year
A leaked internal email obtained by 404 Media shows that Ring has bigger plans for its AI-powered neighborhood search capability than just looking for lost dogs. The outlet reports the email, sent last October by founder Jamie Siminoff to all Ring employees, says that with Search Party, "You can now see a future where we are able to zero out crime in neighborhoods." Ring, the Amazon-owned home sec...
A leaked internal email obtained by 404 Media shows that Ring has bigger plans for its AI-powered neighborhood search capability than just looking for lost dogs. The outlet reports the email, sent last October by founder Jamie Siminoff to all Ring employees, says that with Search Party, "You can now see a future where we are able to zero out crime in neighborhoods." Ring, the Amazon-owned home security company, has come under intense criticism in recent weeks following a Super Bowl commercial for its Search Party feature that showed Ring cameras surveilling a neighborhood for lost dogs. The ad, which details how AI can be used to search … Read the full story at The Verge.
Ares Capital (NASDAQ: ARCC) is a business development company (BDC). It basically makes high-interest-rate loans to smaller businesses that don't have access to cheaper capital. That's good in some ways (note the stock's lofty 9.9% dividend yield). However, it also comes with some big risks. Here are two things I think could happen in 2026 that would be troubling for dividend investors considering...
Ares Capital (NASDAQ: ARCC) is a business development company (BDC). It basically makes high-interest-rate loans to smaller businesses that don't have access to cheaper capital. That's good in some ways (note the stock's lofty 9.9% dividend yield). However, it also comes with some big risks. Here are two things I think could happen in 2026 that would be troubling for dividend investors considering this stock. Image source: Getty Images. Continue reading
Matt Oppenheimer is stepping down as chief executive officer of payments network Remitly Global Inc. and will be succeeded by Banco Santander SA ’s Sebastian Gunningham . Gunningham, most recently chairman of consumer finance at Santander and vice chairman of the Spanish firm’s digital-banking arm, will start in his new role on Thursday, according to a statement . He’ll also join Remitly’s board, ...
Matt Oppenheimer is stepping down as chief executive officer of payments network Remitly Global Inc. and will be succeeded by Banco Santander SA ’s Sebastian Gunningham . Gunningham, most recently chairman of consumer finance at Santander and vice chairman of the Spanish firm’s digital-banking arm, will start in his new role on Thursday, according to a statement . He’ll also join Remitly’s board, which Oppenheimer will continue to lead as chairman. “Remitly has become a very important part of the money-transmission business,” Gunningham said in an interview, acknowledging the industry has grown increasingly competitive. “It’s going to be a battle for sure, but we have a very good base to go after that battle.” Remittance providers including Remitly, Wise Plc , Western Union Co. and MoneyGram have gained traction as more consumers opt for reliable, fast and cheaper options to send money across borders. Gunningham’s resume includes helping Jeff Bezos build out Amazon.com Inc. ’s payments business, working with Steve Jobs for more than a year as an Apple Inc. vice president and reporting to Larry Ellison while leading Oracle Corp. ’s Latin America business. He was also a vice chair and co-CEO of WeWork. Oppenheimer, a Remitly co-founder, has led the company since its 2011 debut. “It’s important as you think about founder transitions to do it in a position of strength,” Oppenheimer said in the interview. “We’ve really transformed global money movement, even in a macro backdrop that was exceptionally challenging last year.” Remitly, which also reported fourth-quarter results that beat Wall Street estimates, is well-positioned, Gunningham said. “We have enormous opportunity ahead as we move to claim more parts of this ecosystem,” he said. Shares of Remitly climbed 7.9% to $14.69 in extended trading at 4:08 p.m. in New York. The stock had tumbled 68% since its 2021 initial public offering through the close of regular trading, leaving it with a market value of about $2.8 bi...
The following companies are expected to report earnings prior to market open on 02/19/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Walmart Inc. (WMT)is reporting for the quarter ending January 31, 2026. The supermarket company's consensus earni
The following companies are expected to report earnings prior to market open on 02/19/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Walmart Inc. (WMT)is reporting for the quarter ending January 31, 2026. The supermarket company's consensus earni
PARSIPPANY, N.J., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. ( NASDAQ: CAR ) announced financial results for the fourth quarter and full year ended December 31, 2025 today. We ended the quarter with revenues of $2.7 billion, net loss of $856 million, and Adjusted EBITDA 1 of $5 million. Full year revenues were $11.7 billion, driven by sustained year-over-year demand. Net loss was $9...
PARSIPPANY, N.J., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. ( NASDAQ: CAR ) announced financial results for the fourth quarter and full year ended December 31, 2025 today. We ended the quarter with revenues of $2.7 billion, net loss of $856 million, and Adjusted EBITDA 1 of $5 million. Full year revenues were $11.7 billion, driven by sustained year-over-year demand. Net loss was $995 million, and Adjusted EBITDA 1 was $748 million.
In this video, I will cover Nebius ' (NASDAQ: NBIS) fourth-quarter earnings report and review the comments made during the call. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Feb. 13, 2026. The video was published on Feb. 13, 2026. Continue reading
In this video, I will cover Nebius ' (NASDAQ: NBIS) fourth-quarter earnings report and review the comments made during the call. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Feb. 13, 2026. The video was published on Feb. 13, 2026. Continue reading