Open Lending Reports Third Quarter 2024 Financial Results
Open Lending Corporation - Class A (LPRO)
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (the “Company” or “Open Lending”), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its third quarter of 2024. “I am pleased to report that in the third quarter of 2024, we were near or above the high end of our guidance for certified loans, revenue, and adjusted EBITDA, excluding the negative change in estimate associated with our profit share,” said Chuck Jehl, Chief Executive Officer and interim Chief Financial Officer of Open Lending. "We continue to be encouraged that market conditions are trending positive in the automotive industry, specifically improvement in inventory levels, retail sales volumes and ultimately affordability. Our team remains focused on taking prudent steps to maximize the opportunity ahead to ensure we are well positioned for when the market inevitably recovers." Three Months E
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LPRO
News
- New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis [Yahoo! Finance]Yahoo! Finance
- New and Used Vehicle Markets Stabilizing, According to Open Lending AnalysisBusiness Wire
- These Analysts Just Made A Substantial Downgrade To Their Open Lending Corporation (NASDAQ:LPRO) EPS Forecasts [Yahoo! Finance]Yahoo! Finance
- Open Lending Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Open Lending Corp (LPRO) Q3 2024 Earnings Call Highlights: Strong Customer Acquisition Amidst ... [Yahoo! Finance]Yahoo! Finance
LPRO
Earnings
- 11/7/24 - Miss
LPRO
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- LPRO's page on the SEC website