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Hertz Global Holdings Reports First Quarter 2021 Financial Results
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ESTERO, Fla., May 7, 2021 /PRNewswire/ Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ( Hertz Global or the Company ) today reported results for its first quarter 2021 with revenue of $1.3 billion, net income attributable to the Company of $190 million and Adjusted Corporate EBITDA of $2 million. Liquidity at the end of the first quarter was $1.1 billion. This quarter we realized the first effects of the leisure travel rebound and capitalized on strong demand-driven pricing in destination markets that exceeded 2019 levels, said Paul Stone, Hertz Global s President and Chief Executive Officer. We re continuing to see improved demand and are optimistic about a sustained recovery. We re actively replenishing our fleet, despite the constraints of the global semiconductor shortage and its impact on the automotive supply chain. Most importantly, I m exceptionall