AI Prospecting for Hertz Global Holdings
Company data:
Company size:
27000 employeesWebsite URL:
https://www.hertz.comIndustry
AutomotiveHeadquarters:
8501 Williams Road, Estero, Florida, United StatesInvestment round:
Publicly Traded (NASDAQ: HTZ)ARR:
$7 billionLatest news about Hertz Global Holdings
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Hertz Global Holdings is issuing an additional $500 million in 12.625% senior secured notes due 2029 to repay outstanding borrowings and cover expenses. The company is also seeking consent from note holders to amend existing note provisions, amid a strategic turnaround and significant financial challenges, including a $1 billion non-cash asset impairment charge in Q3 2024[1][4][2].
Hertz Global Holdings reported a Q3 2024 revenue of $2.6 billion, but incurred a GAAP net loss of $1.3 billion, largely due to a $1 billion non-cash asset impairment charge. The company's adjusted EBITDA was negative $157 million, and it faces ongoing financial challenges and litigation related to bankruptcy claims[2][3].
Hertz Global Holdings announced key executive appointments to strengthen its leadership team, focusing on driving enhanced profitability and operational performance. The company also expanded its board from nine to 11 members, adding Francis "Frank" Blake and another member to support its strategic objectives[2].
Open job positions at Hertz Global Holdings
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
