Needham & Company Raises Price Target as LendingTree's (TREE) Strong 3Q Revenue Beat Shows Drive to Push Sales

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Go back to Needham & Company Raises Price Target as LendingTree's (TREE) Strong 3Q Revenue Beat Shows Drive to Push Sales

LendingTree Reports Record Third Quarter Results; Increasing Full-Year Outlook

October 26, 2015 7:00 AM EDT

CHARLOTTE, N.C., Oct. 26, 2015 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online loan marketplace, today announced results for the quarter ended September 30, 2015.

"LendingTree performed exceptionally well in the third quarter, recording year-over-year growth in every lending category," said Doug Lebda, Chairman and CEO. "In mortgage, our increasingly analytics-driven approach to sales provided for meaningful wins. We brought on new lenders while increasing sales... More