Net Loss Exceeded Expectations; Adjusted EBITDA Margin Improved 120 Basis Points versus Last Year
Strong Rejuvenate 2.0 Demand More than Double the Rejuvenate 1.0 Launch...
PARSIPPANY, N.J., July 29, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for second quarter 2025 today. We ended the quarter with revenues of $3.0 billion, net income of $5 million, and Adjusted EBITDA1 of $277 million.
BERLIN, July 29, 2025 /PRNewswire/ -- Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, has been ranked number 1 in the category "travel deals"...
EMERYVILLE, Calif., July 29, 2025 /PRNewswire/ -- NuGenTec, the manufacturer of FluoSolv® vapor-degreasing solvents, has now received approval for the use of FluoSolv 5408...
CAMBRIDGE, England, July 29, 2025 /PRNewswire/ -- Myrtle.ai, a recognized leader in accelerating machine learning inference, today released support for its VOLLO® inference accelerator on...
CAMBRIDGE, England, July 29, 2025 /PRNewswire/ -- Myrtle.ai, a recognized leader in accelerating machine learning inference, today released support for its VOLLO® inference accelerator on...
ORMOND BEACH, Fla., July 29, 2025 (GLOBE NEWSWIRE) -- PlanetBids (or “the Company”), a provider of procurement software as a service (SaaS) solutions, today announced the appointment of Kaleb Boudreaux as Senior Vice President of Finance, reporting to CEO David DiGiacomo. Mr. Boudreaux will be responsible for overseeing the Company’s financial health, driving strategic growth, and advising executive leadership on investment strategies, cost optimization, and risk management. PlanetBids is backed by Capstreet, a Houston-based lower middle market private equity firm.
HOUSTON and LONDON and ATLANTA, July 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) and Chart Industries (NYSE: GTLS) (“Chart”) announced Tuesday they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for $210 per share in cash, equivalent to a total enterprise value of $13.6 billion.
SHANGHAI, July 29, 2025 /PRNewswire/ -- HOTELEX Shanghai 2026, one of Asia's leading hospitality and catering trade shows, will be held from March 30...
PASAY CITY, Philippines, July 28, 2025 /PRNewswire/ -- Anchored on an inclusive supply chain network, the SM group's partner-MSMEs (micro, small, medium enterprises) have grown...