RSS   Newsletter   Contact   Advertise with us

Hertz Q2 loss $847 million

Christian Fernsby ▼ | August 11, 2020
Hertz reported results for its second quarter 2020 with revenue of $832 million, a net loss attributable to the Company of $847 million and Adjusted Corporate EBITDA of negative $587 million.
Q2   Hertz
Liquidity at the end of the second quarter was $1.4 billion.

Topics: Hertz

"In the second quarter, like so many companies whose revenues have sharply declined due to the pandemic's significant impact on global travel, we had to make difficult but necessary decisions to strengthen and position the company for growth for many years to come," said Paul Stone, President and Chief Executive Officer.