secwatch.observer — SEC 8-K summary
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Issuer:     LendingTree, Inc. (TREE)
CIK:        0001434621
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001434621-23-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LendingTree Q2 revenue $182.5M (-30% YoY); cuts FY2023 guidance
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- GAAP net loss $(0.1)M ($(0.01) diluted EPS); adjusted EPS $1.14 vs $0.58 prior year.
- Revenue down 30% YoY; Home segment -44%, Consumer -22%, Insurance -29%.
- Adjusted EBITDA $26.7M (15% margin) beats forecast but down 7% YoY.
- FY2023 revenue guidance cut to $680-700M from $760-800M; AEBITDA $70-80M.
- Scott Peyree named COO and President of Marketplace, consolidating segment leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434621/000143462123000015/0001434621-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434621/000143462123000015/tree-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001434621-23-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer