Lendingtree Inc

Lendingtree Inc (TREE) News & Events

$28.960

+0.695 (+2.40%)At close

TREE News

TREE Events

7/29 16:31

Company Reports Q2 Revenue of $313.4M, Below Expectations

Reports Q2 revenue $313.4M, consensus $315.56M. "We posted our eighth straight quarter of double-digit year-over-year adjusted EBITDA growth in Q2, powered by another solid quarter from our Insurance segment," said Scott Peyree, CEO. "We also accomplished a great deal on the product and AI front during the period. We launched several new consumer-facing AI capabilities such as our ChatGPT app, expanded our marketplace into six new verticals, and we are continuing to see strong results from our homepage redesign. We remain laser focused as a team on executing our strategy to become the Number One Destination to Shop For Financial Products."

7/29 16:31

Sees Marketing Margin of $88 - $93 Million

Sees Variable Marketing Margin: $88 - $93 million; Adjusted EBITDA: $34 - $36 million.

7/29 16:31

Sees Marketing Margin of $364 - $374 Million, Adjusted EBITDA of $145 - $152 Million

Sees Variable Marketing Margin of $364 - $374 million and Adjusted EBITDA of $145 - $152 million.

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