Though Avis reported record highs for its Americas and international segments, the company's stock saw a dip just after its earnings report was released. Logo: Avis/CanvaOn Oct. 31, Avis Budget Group, Inc. announced financial results for its third quarter 2022. The rental company saw revenues at $3.5 billion, 18% above third quarter 2021, a new quarterly revenue record surpassing its second quarter 2022 record, driven by continued strong demand and increased revenue per day, according to the release. Adjusted EBITDA in the Americas was $1.2 billion for the third quarter 2022 driven by record demand. Despite its increased revenue, interestingly, the company’s stock dipped about 10% after its report.