Hertz Global Holdings Inc (HTZ)

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Hertz Global Holdings Reports Strong Second Quarter 2021 Financial Results

- Total revenues of $1.9 billion up 62% from first quarter 2021, excluding Donlen revenues

- Net loss of $168 million including $633 million of reorganization expenses

- Adjusted Corporate EBITDA of $639 million for the quarter was a Company record

- Corporate liquidity of $3.0 billion at June 30, 2021, including $1.8 billion of unrestricted cash, compared to $1.1 billion at first quarter-end

- Hertz Global emerged from its Chapter 11 process on June 30, 2021 as a well-capitalized company with the flexibility and resources to pursue exciting new growth opportunities. The Company anticipates a re-IPO, which includes hosting an investor roadshow andrelisting on a major exchange by year-end.

https://www.prnewswire.com/news-releases/hertz-global-holdings-reports-strong-second-quarter-2021-financial-results-301351024.html