Highest-materiality recent filing
LendingTree Q1 revenue $327.3M record; GAAP net income $1.22/share vs loss a year ago
Revenue $327.3M, up 37% YoY; GAAP net income $17.3M ($1.22 diluted EPS) vs loss of $0.92 in Q1 2025.
Revenue $319.7M (+22% YoY); VMM $92.0M (+6%).
LendingTree Q3 revenue $307.8M (+18% YoY); AEBITDA $39.8M (+48%); founder Doug Lebda passed away
GAAP net income $10.2M ($0.73 diluted EPS) vs. prior-year loss of $58.0M; adjusted EPS $1.70 (+113% YoY).
LendingTree founder & CEO Doug Lebda dies unexpectedly; COO Scott Peyree named CEO
Founder, Chairman & CEO Doug Lebda died Oct 12 in an ATV accident.
LendingTree enters $475M first lien credit facility with Bank of America and Truist
Facility includes $400M term loans at SOFR+450bps (step-down to +425bps upon B2 rating) and $75M revolver at SOFR+350bps.
LendingTree Q2 revenue $250.1M (+19% YoY); adj EBITDA $31.8M (+35%); reiterates FY guidance
Revenue $250.1M (+19% YoY); GAAP net income $8.9M ($0.65 dil EPS); adj net income $15.4M ($1.13/share).
LendingTree Q2 revenue $250M beats guidance; raises FY2025 outlook
Q2 revenue $250M above $241-$248M guidance; adj EBITDA $31.8M above $29-$31M range.
LendingTree Q1 revenue up 43% to $239.7M; GAAP loss $12.4M on $15M litigation reserve
Revenue $239.7M (+43% YoY); Insurance segment revenue $146.7M (+71%).
LendingTree Q4 revenue $261.5M, adj. EBITDA $32.2M, beats guidance; Insurance revenue +188% YoY
Q4 revenue $261.5M, above high end of guidance; GAAP net income $7.5M ($0.55 diluted EPS).
LendingTree Q3 revenue up 68% to $260.8M; Insurance surges 210%; FY outlook raised
Revenue $260.8M (+68% YoY); GAAP net loss $58.0M ($4.34/sh) includes $58.4M non-cash impairment.
LendingTree Q2 revenue up 15% to $210.1M, raises FY24 revenue outlook to $830-870M
GAAP net income of $7.8M ($0.58 diluted EPS) vs $0.1M loss a year ago; adjusted EPS $0.54, down 53% YoY.
LendingTree CFO resigns effective Aug 9; Jason Bengel named successor; Q2 revenue guidance raised
CFO Trent Ziegler to resign on Aug 9, 2024; Jason Bengel appointed CFO effective same date.
LendingTree Q1 revenue $167.8M, adj. EBITDA up 49% YoY; raises FY 2024 guidance
GAAP net income $1.0M ($0.08 diluted EPS); adj. net income $0.70 per diluted share.
LendingTree secures $175M term loan facility from Apollo Funds
Apollo commits up to $175M first lien term loan; $125M drawn initially, $50M delayed draw over 12 months.
LendingTree Q4 rev $134.4M, adj EPS $0.28; FY24 adj EBITDA guidance $85-95M (+8-21%)
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).
LendingTree Q3 GAAP net loss $148.5M, adj EBITDA $21.8M; cuts FY rev guidance
Revenue $155.2M (-35% YoY); GAAP net loss $148.5M ($11.43/sh) includes $145.9M impairment charges.
LendingTree Q2 revenue $182.5M (-30% YoY); cuts FY2023 guidance
GAAP net loss $(0.1)M ($(0.01) diluted EPS); adjusted EPS $1.14 vs $0.58 prior year.
LendingTree COO J.D. Moriarty to depart July 31; consulting agreement for up to $171K
J.D. Moriarty leaves roles as President of Marketplace & COO of LendingTree, LLC effective July 31, 2023.
LendingTree Q1 revenue $200.5M (-29% YoY), cuts FY guidance to $760-800M
GAAP net income $13.5M ($1.04 diluted), includes $30.9M gain on debt repurchase; adjusted EPS $0.25.
LendingTree cuts 13% of workforce, expects $5.6M in severance charges
Workforce reduction of ~13% committed on March 24, 2023.
LendingTree repurchases $190M of its 0.50% convertible notes due 2025 for $156.4M cash
Repurchased ~$190M aggregate principal of 0.50% Convertible Senior Notes due 2025.
LendingTree Q4 revenue $202.1M (-22% YoY); GAAP loss $(0.81)/share; guides FY2023 revenue down 0-5%
Q4 revenue $202.1M, down 22% YoY; GAAP net loss $(10.4)M ($(0.81)/diluted share).
LendingTree Q3 revenue falls 20% YoY to $237.8M; GAAP net loss $158.7M after valuation allowance
GAAP net loss of $(158.7)M or $(12.44)/share includes $139.7M noncash valuation allowance on deferred tax assets.
LendingTree Q2 revenue falls 3% to $261.9M; net loss $8.0M; FY22 Adj. EBITDA guidance cut to $75-85M
Revenue $261.9M (-3% YoY); GAAP net loss $8.0M ($0.63 loss per diluted share).
LendingTree cuts Q2 2022 guidance; cites interest rate headwinds and slower insurance recovery
Revenue now expected $259-264M vs prior $283-293M; variable marketing margin $88-92M vs $100-106M.
LendingTree Q1 revenue $283.2M, net loss $0.84/share; cuts full-year guidance on macro headwinds
Revenue $283.2M (+4% YoY); GAAP net loss $10.8M ($0.84/share) vs. $19.3M profit prior year.
LendingTree appoints Mark Ernst and Diego Rodriguez to board, Jennifer Witz resigns
Mark Ernst and Diego Rodriguez appointed as independent directors effective April 27, 2022.
Corrected Q4 2021 adjusted net loss of $4.1M and adjusted EPS loss of $0.31.
LendingTree Q4 revenue up 16% to $258.3M; Consumer segment doubles; provides 2022 guidance
GAAP net income from cont ops $48.4M ($3.57 diluted EPS) vs loss year ago; adjusted net loss per share $(0.14).
LendingTree guides 2022 revenue $1.2-1.25B (+9-14%); Q4 adj. EBITDA at top end
Preliminary Q4 2021 revenue $258M (in line with guidance); full-year revenue ~$1,098M.
LendingTree appoints Shiv Singh as CMO; Moriarty promoted to COO; Salvage departs
Shiv Singh joins as Chief Marketing & Customer Experience Officer from Expedia.
Jill Olmstead will be leaving her role as the Chief Human Resources Officer of LendingTree, LLC (together with LendingTree, Inc., the “Company”), and her employment will be terminated without cause effective May 31, 2026
On February 26, 2025, the Board of Directors and Scott Totman agreed that Mr. Totman will transition to a new role on March 7, 2025 guiding the Company’s AI efforts in the Company’s AI Lab.
On June 17, 2024, the board of directors of the Company appointed Jason Bengel, LendingTree, LLC’s Senior Vice President, Financial Planning and Analysis as Chief Financial Officer of the Company effective as of August 9, 2024.
On June 12, 2024, Trent Ziegler informed LendingTree, Inc. (the “Company”) of his intent to resign as Chief Financial Officer of the Company effective as of August 9, 2024.
John David (J.D.) Moriarty will be leaving his role as President of Marketplace and Chief Operating Officer of LendingTree, LLC (together with LendingTree, Inc., the “Company”), and his employment will be terminated without cause, as of July 31, 2023 (the “Effective Date”).
appointed Mark Ernst and Diego Rodriguez to serve as independent members of the Board
Jennifer Witz gave notice of her resignation as a member of the Board
appointed Mark Ernst and Diego Rodriguez to serve as independent members of the Board
On January 18, 2022, LendingTree, Inc. (the “Company”) announced that J.D. Moriarty will transition into the role of Chief Operating Officer, LendingTree, and President, LendingTree Marketplace, on February 1, 2022
Mr. Salvage will be leaving his role as President, LendingTree Marketplace and the Company, and his employment will be terminated without cause, as of January 31, 2022.
On August 10, 2021, LendingTree, Inc. (the “Company”) accepted the resignation of Sushil Sharma, the Company’s Chief Product Officer, who will take a position with another employer. His resignation will be effective on August 23, 2021.
Max materiality 0.85 · Median 0.65 · Most common event earnings