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-0.00108125677139764 -0.00498374864572056 -0.00682556879739989 -0.00996749729144097 -0.0244853737811485 -0.0266522210184183 -0.0216684723726977 -0.0216684723726977
Stock impact report

LendingTree Surpasses Q3 Earnings Estimates, Raises 2024 View [Yahoo! Finance]

LendingTree, Inc. (TREE) 
Last lendingtree, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.lendingtree.com
Company Research Source: Yahoo! Finance
The figure compares favorably with the 61 cents reported in the prior-year quarter. Find the latest earnings estimates and surprises on the Zacks Earnings Calendar. The results were driven by increased earnings before interest, taxes, depreciation and amortization (EBITDA). A rise in revenues acted as another tailwind. However, an increase in total cost was a spoilsport. The results exclude certain non-recurring items. After considering these, TREE reported a GAAP net loss of $58 million compared with a loss of $148.5 million in the year-ago quarter. Total revenues grew 68% year over year to $260.8 million. The rise stemmed from a substantial increase in the Insurance segment's revenues. Also, the reported figure surpassed the Zacks Consensus Estimate by 6.9%. The total cost of revenues was $9.4 million, up 23.8% from the prior-year quarter. Adjusted EBITDA totaled $26.9 million, up 23% year over year. The variable marketing margin was $77.2 million, up 14% year over year. Show less Read more
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