secwatch.observer — SEC 8-K summary
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Issuer:     LendingTree, Inc. (TREE)
CIK:        0001434621
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001434621-24-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LendingTree Q1 revenue $167.8M, adj. EBITDA up 49% YoY; raises FY 2024 guidance
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- GAAP net income $1.0M ($0.08 diluted EPS); adj. net income $0.70 per diluted share.
- Insurance revenue $85.9M (+11% YoY); Home $30.4M (-30%); Consumer $51.5M (-35%).
- Raised FY 2024 revenue guidance to $690-720M (prior $650-690M); adj. EBITDA now $85-95M.
- Closed $175M term loan to address 2025 convertible note maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434621/000143462124000010/0001434621-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434621/000143462124000010/tree-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001434621-24-000010

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