LendingTree (TREE) Tops Q1 EPS by 35c, Lowers FY Guidance

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Go back to LendingTree (TREE) Tops Q1 EPS by 35c, Lowers FY Guidance

LENDINGTREE REPORTS FIRST QUARTER 2023 RESULTS

May 2, 2023 7:00 AM EDT

Strategic Expense Reductions Help Offset Continued Economic Headwinds

Consolidated revenue of $200.5 millionGAAP net income of $13.5 million or $1.04 per diluted share, inclusive of a gain of $30.9 million from the partial repurchase of our 2025 convertible notes at a discountVariable marketing margin of $76.1 millionAdjusted EBITDA of $14.5 millionAdjusted net income per share of $0.25

CHARLOTTE, N.C., May 2, 2023 /PRNewswire/ -- LendingTree,... More