Hertz Global Holdings Q2 net loss $158 millionStaff Writer | August 9, 2017
Hertz Global Holdings reported a second quarter 2017 net loss from continuing operations of $158 million, or $1.90 per diluted share.
Hertz Global Holdings Total revenues were $2.2 billion
On an adjusted basis, the company reported a net loss for the second quarter 2017 of $52 million, or $0.63 per diluted share, compared with net income of $35 million, or $0.41 per diluted share, for the same period last year.
Total revenues for the second quarter 2017 were $2.2 billion, a 2% decline versus the second quarter 2016.
Loss from continuing operations before income taxes for second quarter 2017 was $245 million, including $86 million of impairment charges, versus $35 million in the same period last year.
Adjusted Corporate EBITDA for the second quarter 2017 was $35 million, compared to $184 million in the same period last year. ■