Open Lending Corp. (LPRO) Tops Q2 EPS by 43c

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Open Lending Reports Second Quarter 2021 Financial Results

August 10, 2021 4:05 PM EDT

AUSTIN, Texas, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (the Company or Open Lending), a leading provider of lending enablement and risk analytics solutions to financial institutions, today reported financial results for its second quarter of 2021.

We are pleased to report another record quarter, which included a 148% increase in certified loans, a 177% increase in revenue and a 199% increase in Adjusted EBITDA compared to the second quarter of 2020. June was especially notable, a record month in our Companys history from a certified loan perspective, and the momentum has continued, said John Flynn, Chairman... More