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Stock impact report

LENDINGTREE REPORTS FIRST QUARTER 2024 RESULTS [Yahoo! Finance]

LendingTree, Inc. (TREE) 
Last lendingtree, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.lendingtree.com
Company Research Source: Yahoo! Finance
GAAP net income of .0 million or per diluted share Variable marketing margin of .4 million Adjusted EBITDA of .6 million Adjusted net income per share of CHARLOTTE, N.C. April 30, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced results for the quarter ended March 31, 2024. The company has posted a letter to shareholders on the company's website at investors.lendingtree.com. "We are happy to report quarterly AEBITDA grew 49% YoY, exceeding the high end of our forecast. Our Insurance segment produced very strong performance in the first quarter, growing both revenue and segment profit by double-digits as insurance carrier partners steadily increase their budgets with us," said Doug Lebda , Chairman and CEO. "At the same time, a stable lending environment is benefiting Consumer segment revenue, allowing us to lean back into our marketing efforts to match more custo Show less Read more
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