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
Show less
Read more
Impact Snapshot
Event Time:
LPRO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LPRO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LPRO alerts
High impacting Open Lending Corporation - Class A news events
Weekly update
A roundup of the hottest topics
LPRO
News
- 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
- Open Lending (LPRO) Q3 Earnings and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Open Lending Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Open Lending Corp (LPRO) Q3 2024 Earnings Report Preview: What To Expect [Yahoo! Finance]Yahoo! Finance
LPRO
Earnings
- 11/7/24 - Miss
LPRO
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/7/24 - Form SC
- LPRO's page on the SEC website