secwatch.observer — SEC 8-K summary
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Issuer:     LendingTree, Inc. (TREE)
CIK:        0001434621
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001434621-24-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LendingTree Q4 rev $134.4M, adj EPS $0.28; FY24 adj EBITDA guidance $85-95M (+8-21%)
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- GAAP net income $12.7M ($0.98 diluted) vs loss of $10.4M in Q4 2022; adjusted net income $3.6M ($0.28 per share).
- Total revenue $134.4M, down 33% YoY, but Insurance segment revenue up 9% QoQ to $59.6M indicating recovery.
- Repurchased $100M of 2025 convertible notes at a discount; ended year with $112M cash.
- FY 2024 guidance: revenue $650-690M (-3% to +3%), variable marketing margin $280-300M, Adj EBITDA $85-95M (+8-21%).
- Insurance segment profit $25.2M, down only 2% YoY; Home revenue $25.1M down 48% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434621/000143462124000003/0001434621-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434621/000143462124000003/tree-20240227.htm
  HTML page:      https://secwatch.observer/filing/0001434621-24-000003

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