LendingTree's share price surged 90% YTD and 271% in the last twelve months, driven by strong performance and expected rate cuts boosting demand. Fundamentals are strengthening with prospects of rate cuts in 2024 and 2025, improving demand for LendingTree's financial products and reducing bad debt risks. Business strategies, particularly in the insurance segment, are yielding significant revenu...
Englewood CO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- iLending, a leading provider of auto refinance solutions, proudly announces its remarkable achievement of being recognized as a LendingTree partner rated Top 3 in Customer Satisfaction for the 14th quarter in a row. Dating back to 2021, this outstanding recognition solidifies iLending's commitment to delivering exceptional service and an unparal...
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If all the major news agencies have their fingers on the pulse of monetary policy, it's coming – interest rate cuts, that is. According to The Wall Street Journal, Federal Reserve officials will meet soon to discuss a potential September reduction in the benchmark interest rate.
LendingTree, Inc. (NASDAQ:TREE ) Q2 2024 Earnings Call Transcript July 25, 2024 5:00 PM ET Company Participants Andrew Wessel - SVP of IR and Corporate Development Doug Lebda - Chairman and CEO Jason Bengel - Incoming CFO Scott Peyree - COO and President of Marketplace Businesses Trent Ziegler - CFO Conference Call Participants Ryan Tomasello - KBW Youssef Squali - Truist Securities Melissa Wed...
Insurance Segment Continues Strong Rebound Driving 15% Revenue Growth Consolidated revenue of $210.1 million GAAP net income of $7.8 million or $0.58 per diluted share Variable marketing margin of $70.9 million Adjusted EBITDA of $23.5 million Adjusted net income per share of $0.54 CHARLOTTE, N.C. , July 25, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the...
CHARLOTTE, N.C. , July 15, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it will release fiscal second quarter 2024 results after market close on Thursday, July 25, 2024.
Hackers are auctioning off consumer data from QuoteWizard, a subsidiary of the lending platform LendingTree Inc., Bloomberg News reported on Thursday.
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