Open Lending Corp. (LPRO) Tops Q3 EPS by 2c

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Go back to Open Lending Corp. (LPRO) Tops Q3 EPS by 2c

Open Lending Reports Third Quarter 2021 Financial Results

November 9, 2021 4:05 PM EST

AUSTIN, Texas, Nov. 09, 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 third quarter of 2021.

We are pleased to report another record quarter, which included a 138% increase in certified loans, a 98% increase in revenue and a 113% increase in Adjusted EBITDA compared to the third quarter of 2020, said John Flynn, Chairman and CEO of Open Lending. We continue to make progress on our growth strategies to capture more of the $250 billion... More