LendingTree reported Q4 2024 revenue of $261.5 million, a 95% year-over-year increase. Net income was $7.5 million, or $0.55 per diluted share, while adjusted EPS stood at $1.16. The Insurance segment saw substantial growth of 188%, contributing to the strong financial performance. Variable marketing margin reached $86.7 million, and adjusted EBITDA was $32.2 million.
LendingTree reported a consolidated revenue of $260.8 million, a GAAP net loss of $(58.0) million, and an adjusted net income per share of $0.80 for Q3 2024. The Insurance segment saw tremendous growth, while the Consumer segment also showed sequential improvement.
LendingTree reported consolidated revenue of $210.1 million and GAAP net income of $7.8 million, or $0.58 per diluted share, for Q2 2024. The Insurance segment experienced significant growth, with revenue more than doubling compared to the prior year period.
LendingTree reported consolidated revenue of $167.8 million and a GAAP net income of $1.0 million, or $0.08 per diluted share, for Q1 2024. The Insurance segment showed strong performance, with double-digit revenue and profit growth. The company forecasts a return to annual revenue and AEBITDA growth for the year.
LendingTree reported Q4 2023 results with a consolidated revenue of $134.4 million and a net income of $12.7 million, or $0.98 per diluted share. The company focused on simplifying operations and reducing costs amidst adverse economic conditions.
LendingTree reported consolidated revenue of $155.2 million. The company experienced a GAAP net loss of $(148.5) million, which included after-tax impairment charges of ($145.9) million. However, the Adjusted EBITDA was $21.8 million, with an Adjusted net income per share of $0.61.
LendingTree reported consolidated revenue of $182.5 million. The company's expense actions, combined with strong margins in the Insurance and Consumer segments, generated Adjusted EBITDA of $26.7 million. Customer demand for new loans and insurance continues to outpace the appetite for new customers at LendingTree's partners.
LendingTree reported a consolidated revenue of $200.5 million and a GAAP net income of $13.5 million, which included a $30.9 million gain from the repurchase of convertible notes. The company focused on strategic expense reductions and a transition to quarterly strategic planning to improve financial performance.
LendingTree's Q4 2022 results showed strength in the Insurance segment margin, which helped to offset declines in Home revenue. The company remains well capitalized with $299 million in cash and is focused on managing operating expenses.
LendingTree reported growth in the Consumer segment, which was offset by macro headwinds across the Home and Insurance segments. The company is focusing on improving its brand and delivering financial advice to consumers. A fixed cost analysis was completed to reduce annualized operating expenses by $25M, expected to be fully realized in 2023.
LendingTree reported second quarter results in line with revised guidance. The company is investing in marketing and strategic initiatives, while acknowledging the challenging environment in the Home and Insurance segments. The Consumer segment remains uncertain. The company is focused on balancing near-term profitability with long-term success.
LendingTree reported Q1 2022 results with revenue and VMM growth, driven by the diversity of its business and strategic investments, despite increasing interest rates and inflationary pressures. The Home segment performed well, offsetting refinance volume decline, while the Consumer business showed strong growth.
LendingTree reported Q4 2021 results, affirming previously shared results and 2022 annual guidance. The Home and Consumer segments performed well, offsetting headwinds in the Insurance business. The company restarted share repurchases during the quarter.
LendingTree reported consolidated revenue of $297.4 million for Q3 2021. The Home segment produced record results and the Consumer segment showed ongoing recovery. Industry headwinds impacted insurance partners, but the business is well-positioned to grow market share as the industry rebounds.
LendingTree reported a strong second quarter, with consolidated revenue of $270.0 million and GAAP net income from continuing operations of $9.8 million, or $0.71 per diluted share. The company's financial performance is rebounding, driven by recovery in the Consumer segment and sustained strength in Home and Insurance.
LendingTree reported a strong first quarter in 2021, exceeding prior guidance with momentum in all three segments. The Home segment delivered record revenue, while the Insurance segment posted strong growth, and the Consumer segment showed tangible signs of recovery.
LendingTree reported better-than-expected fourth-quarter results, driven by a diversified portfolio of businesses, with leading presence in Home and Insurance bolstering the recovering Consumer segment.
LendingTree reported consolidated revenue of $220.3 million for Q3 2020. The company experienced a GAAP net loss from continuing operations of $(24.8) million, or $(1.90) per diluted share. Insurance and mortgage segments showed strength, while the company focused on product evolution and strategic initiatives.
LendingTree reported consolidated revenue of $184.3 million and a GAAP net loss from continuing operations of $(8.6) million, or $(0.66) per diluted share. The company's variable marketing margin was $82.5 million, and adjusted EBITDA was $30.8 million. Adjusted net income per share was $0.46.
LendingTree reported solid first-quarter results with revenue up 8% year-over-year, driven by strong performance in the Home and Insurance segments, despite facing late-quarter challenges due to the COVID-19 outbreak. The company remains focused on market share gains, product innovation, and supporting its stakeholders.
LendingTree's Q4 2019 results showed strong growth, with a 26% increase in consolidated revenue and a 19% increase in variable marketing margin compared to Q4 2018. The company's expansion into insurance has been successful, and it continued to drive market share gains across various categories.