LendingTree, Inc. Revises Earnings Guidance for Fourth Quarter and Full-Year 2014; Provides Earnings Guidance for Full-Year 2015
January 13, 2015 at 04:12 am IST
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LendingTree, Inc. revised earnings guidance for fourth quarter and full-year 2014. The company expects to exceed its previously provided revenue guidance for fourth quarter and full-year 2014 and meet or exceed its guidance on adjusted EBITDA. The company previously provided guidance was a fourth quarter revenue of $40.5 - $42.5 million. Fourth quarter Adjusted EBITDA of $4.7 - $5.7 million.
The company expects to exceed its previously provided revenue guidance for full-year 2014 and meet or exceed its guidance on adjusted EBITDA. The company previously provided guidance was $164.0 - $166.0 million for full-year 2014. Adjusted EBITDA was $20.5 - $21.5 million for full-year 2014 Adjusted EBITDA.
For full-year 2015, the company provides revenue guidance in between $185 - $190 million for 2015, an increase of 12% to 15% over the mid-point of full-year 2014 guidance. Adjusted EBITDA is anticipated to be in the range of $25.5 - $26.5 million, implying growth of 21% - 26% over the mid-point of full-year 2014 guidance.
LendingTree, Inc. operates LendingTree.com, an online financial services marketplace. The Company provides customers with access to offers on loans, credit cards, insurance and more through its network of approximately 500 financial partners. Its segments include Home, Consumer, and Insurance. The Home segment includes products, such as purchase mortgage, refinance mortgage, and home equity loans and lines of credit. Its Consumer segment includes products, such as credit cards, personal loans, small business loans, student loans, auto loans, deposit accounts, and other credit products such as debt settlement. The Insurance segment consists of insurance quote products and insurance policies in its agency businesses. It helps customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of products and tools and personalized financial recommendations, the Company helps customers achieve everyday financial wins.
LENDINGTREE, INC. 
