LendingTree, Inc. (NASDAQ:TREE) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
EX-99.1 2 tree-033119xer.htm EXHIBIT 99.1 Exhibit Exhibit 99.1LENDINGTREE REPORTS RECORD 1Q 2019 RESULTSIncreases FY 2019 Guidance•Record Consolidated Revenue of $262.4 million; up 45% over 1Q 2018•GAAP Net Income from Continuing Operations of $0.6 million or $0.04 per diluted share•Record Variable Marketing Margin of $92.5 million; up 47% over 1Q 2018•Adjusted EBITDA of $43.0 million; up 36% over 1Q 2018•Adjusted Net Income per share of $1.10CHARLOTTE,…
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About LendingTree, Inc. (NASDAQ:TREE)
LendingTree, Inc. (LendingTree), formerly Tree.com, Inc., is engaged in operating an online loan marketplace for consumers. The Company offers a range of loan types and other credit-based offerings for its consumers. The Company operates through Lending activities segment. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans and small business loans, and other related offerings. It offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit-based offerings. It offers its products in categories, including mortgage products and non-mortgage products. Its mortgage products category includes its purchase and refinance products. The Company’s non-mortgage products include lending products and other products.