earnings
confidence high
sentiment negative
materiality 0.75
LendingTree Q2 revenue falls 3% to $261.9M; net loss $8.0M; FY22 Adj. EBITDA guidance cut to $75-85M
LendingTree, Inc.
2022-Q2 EPS reported
-$1.47
revenue$545,101,000
- Revenue $261.9M (-3% YoY); GAAP net loss $8.0M ($0.63 loss per diluted share).
- Home segment revenue $73.9M (-30% YoY) as mortgage products declined 49%.
- Consumer segment revenue $106.1M (+40% YoY); personal loans up 68%.
- Q3 FY22 guidance: revenue $235-245M, Adj. EBITDA $2-8M (steep sequential decline).
- FY22 revenue revised to $985-1,015M (down 8-10% YoY); Adj. EBITDA $75-85M (down 37-44% YoY).