Lendingtree, Inc. Provides Revised the Fourth Quarter and Full Year 2021 Guidance and Introduces 2022 Financial Outlook
February 02, 2022 at 07:30 pm IST
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LendingTree, Inc. provided revised fourth quarter and full year 2021 Guidance and Introduces 2022 Financial Outlook. For the quarter, revenue is expected to be $258 million, within company's previously disclosed range of $255 to $270 million and preliminary net income from continuing operations of $48 million.
For the full year 2021, the company expects a revenue of approximately $1,098 million.
For the year 2022 company expected revenue to be in the range of $1,200 million to $1,250 million, representing growth of 9% to 14% over preliminary full-year 2021 revenue.
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. 
