Open Lending Corp. (LPRO) Misses Q1 EPS by 4c, Revenues Beat; Offers FY21 Revenues Outlook
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Open Lending Reports First Quarter 2021 Financial Results
May 11, 2021 4:05 PM EDTAUSTIN, Texas, May 11, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (the Company or Open Lending), a leading provider of lending enablement and risk analytics solutions to financial institutions, today reported financial results for its first quarter of 2021.
We are pleased with our strong first quarter results, which included a 19% increase in certified loans, a 152% increase in revenue and a 217% increase in Adjusted EBITDA compared to the first quarter of 2020. March was especially notable, a record month in our Companys history from a certified loan perspective, and the momentum has... More
