{"schema_version":"secwatch.filing_event.v1","accession":"0001434621-23-000005","form_type":"8-K","ticker":"TREE","cik":"0001434621","company_name":"LendingTree, Inc.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.854228+00:00","generated_at":"2026-06-16T03:15:43.680466+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"LendingTree Q1 revenue $200.5M (-29% YoY), cuts FY guidance to $760-800M","bullets":["GAAP net income $13.5M ($1.04 diluted), includes $30.9M gain on debt repurchase; adjusted EPS $0.25.","Revenue down 29% YoY; Home segment revenue $43.7M (-57%), Insurance down 4% to $77.1M.","Reduced workforce by 13% and winding down Ovation Credit Services; closed Medicare agency.","Retired $191M principal of 2025 convertible notes for $156M cash; ended quarter with $150M cash.","FY 2023 revenue guidance cut to $760-800M (from $935-985M); Q2 revenue guided $190-200M."],"urls":{"canonical":"https://secwatch.observer/filing/0001434621-23-000005","json":"https://secwatch.observer/filing/0001434621-23-000005.json","markdown":"https://secwatch.observer/filing/0001434621-23-000005.md","text":"https://secwatch.observer/filing/0001434621-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1434621/000143462123000005/0001434621-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1434621/000143462123000005/tree-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:15:43.680466+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7cacc0b43bbf2c91b26461736d468933d5a81420","claim":"LendingTree, Inc. reported the quarter ended March 31, 2023 results: revenue $200.5 million, net income $13.5 million, EPS $1.04 per diluted share. Guidance lowered.","evidence_excerpt":"--- EX-99.1 (EX-99.1) --- LENDINGTREE REPORTS FIRST QUARTER 2023 RESULTS Strategic Expense Reductions Help Offset Continued Economic Headwinds • Consolidated revenue of $200.5 million • GAAP 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 discount •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1434621/000143462123000005/0001434621-23-000005-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$200.5 million"},{"label":"Net income","value":"$13.5 million"},{"label":"EPS","value":"$1.04 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}