LendingTree (TREE) shares plummet after full-year revenue guidance slashed
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
LENDINGTREE REPORTS FIRST QUARTER 2023 RESULTS
May 2, 2023 7:00 AM EDTStrategic Expense Reductions Help Offset Continued Economic Headwinds
Consolidated revenue of $200.5Â millionGAAP net income of $13.5Â million or $1.04 per diluted share, inclusive of a gain of $30.9Â million from the partial repurchase of our 2025 convertible notes at a discountVariable marketing margin of $76.1Â millionAdjusted EBITDA of $14.5Â millionAdjusted net income per share of $0.25CHARLOTTE, N.C., May 2, 2023 /PRNewswire/ -- LendingTree,... More
