Hertz Q4 net loss $479M, adj EBITDA loss narrows; FY net loss $2.9B

HERTZ GLOBAL HOLDINGS, INC

2024-FY EPS reported -$9.34 revenue$9,049,000,000

GAAP net loss $479M ($1.56/share) in Q4 2024; revenue $2.0B, down 7% YoY.
Full year 2024 GAAP net loss $2.9B ($9.34/share) on revenue $9.0B.
Adj Corporate EBITDA loss narrowed to $357M in Q4 from $382M in Q4 2023.
Depreciation per unit per month improved 16% YoY to $422; fleet rotation to normalize DPU expected by end of 2025.
Corporate liquidity $1.8B; EV fleet reduction of 30,000 units completed.

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