LendingTree

Hotelsсombined Many GEOs

Thrifts and Mortgage Finance

Company Overview of LendingTree, Inc.

Company Overview

LendingTree, Inc., through its subsidiary, LendingTree, LLC, operates an online loan marketplace for consumers seeking loans and other credit-based offerings in the United States. Its mortgage products comprise purchase and refinance products. The company also provides information, tools, and access to various conditional loan offers for non-mortgage products, including auto loans, credit cards, home equity loans, personal loans, reverse mortgages, small business loans, and student loans. In addition, it offers information, tools, and access to other products, including deposit accounts; credit repair, through which consumers obtain assistance improving their credit profiles; debt relief ser…

Detailed Description

11115 Rushmore Drive

Charlotte, NC 28277

United States

Founded in 1996

523 Employees

Phone:

704-541-5351

www.lendingtree.com

Key Executives For LendingTree, Inc.

Chief Strategy Officer
Age: 45
Total Annual Compensation: $319.6K
Senior VP, Chief Accounting Officer & Treasurer
Age: 47
Total Annual Compensation: $236.5K
Compensation as of Fiscal Year 2016.

LendingTree, Inc. Key Developments

LendingTree, Inc. Presents at William Blair 2018 Growth Stock Conference, Jun-12-2018 03:30 PM

LendingTree, Inc. Presents at William Blair 2018 Growth Stock Conference, Jun-12-2018 03:30 PM. Venue: Four Seasons Hotel, Chicago, Illinois, United States. Speakers: J. D. Moriarty, Chief Financial Officer, Trent Ziegler, VP, Finance & Investor Relations.

Hotelsсombined Many GEOs
LendingTree, Inc., Annual General Meeting, Jun 13, 2018

LendingTree, Inc., Annual General Meeting, Jun 13, 2018, at 11:00 Eastern Daylight. Location: 11115 Rushmore Drive Charlotte North Carolina United States Agenda: To elect ten members of the company’s Board of Directors, each to hold office for a one-year term ending on the date of the next succeeding annual meeting of stockholders or until such director’s successor shall have been duly elected and qualified; to ratify the appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the 2018 fiscal year; and to transact such other business as may properly come before the meeting and any related adjournments or postponements.

LendingTree, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Earnings Guidance for the Second Quarter of 2018 and Full Year 2018

LendingTree, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of $181,035,000 compared to $132,515,000 a year ago. Operating income was $15,350,000 compared to $6,884,000 a year ago. Income before income taxes was $12,396,000 compared to $6,719,000 a year ago. Net income from continuing operations was $35,857,000 compared to $7,798,000 a year ago. Net income and comprehensive income was $31,524,000 or $2.12 per diluted share compared to $6,866,000 or $0.51 per diluted share a year ago. Net cash provided by operating activities attributable to continuing operations was $17,675,000 compared to $17,184,000 a year ago. Capital expenditures were $3,456,000 compared to $1,896,000 a year ago. Adjusted EBITDA was $31,720,000 compared to $23,817,000 a year ago. Adjusted net income was $16,262,000 compared to $11,453,000 a year ago. Adjusted net income per share was $1.10 compared to $0.85 a year ago. The company provided earnings guidance for the second quarter of 2018 and full year 2018. For the second quarter of 2018, the company expects revenue to be in the range of $193 – $200 million, representing growth of 26% – 31% over second quarter 2017. Variable Marketing Margin is anticipated to be $65 – $69 million, representing growth of 35% – 43%. Adjusted EBITDA is anticipated to be in the range of $34 – $36 million, up 26% – 33% over second quarter 2017. For the full year 2018, the company expects revenue of $770 – $790 million, variable Marketing Margin of $270 – $280 million and adjusted EBITDA in the range of $145 – $150 million.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 19, 2017
Snap Capital LLC, Non-Lending Assets
Hotelsсombined Many GEOs

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