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Hertz Global Holdings reported Q1 results

Christian Fernsby ▼ | May 12, 2020
Consolidated revenue was $1.9 billion, U.S. RAC revenue $1.4 billion.
Hertz   Hertz Global net loss was $356 million
Hertz Global net loss of $356 million, Adjusted Corporate EBITDA of negative $243 million. Approximately $1.0 billion of unrestricted cash and cash equivalents at March 31, 2020.

Topics: Hertz

During the quarter the Company drew down $595 million from its Senior Revolving Credit Facility and ended the quarter with approximately $1.0 billion of liquidity, substantially in the form of unrestricted cash and cash equivalents.