LendingTree (TREE) Misses Q3 EPS by 3c
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LendingTree Reports Q3 2016 Results
October 27, 2016 7:00 AM EDTCHARLOTTE, N.C., Oct. 27, 2016 /PRNewswire/ --
Revenue of $94.6 million; up 36% over third quarter 2015 Net Income from Continuing Operations of $7.3 million; down 1% over third quarter 2015 on higher tax provision Record Variable Marketing Margin of $36.3 million; up 49% over third quarter 2015 Record Adjusted EBITDA of $18.5 million; up 68% over third quarter 2015 Net Income per Diluted Share from Continuing Operations of $0.57 Adjusted Net Income per Share of $0.80 Record revenue from non-mortgage products of $41.0 million, up 60% over third quarter 2015