LendingTree (TREE) shares plummet after full-year revenue guidance slashed
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LENDINGTREE REPORTS FIRST QUARTER 2023 RESULTS
May 2, 2023 7:00 AM EDTStrategic Expense Reductions Help Offset Continued Economic Headwinds
Consolidated revenue of $200.5Â millionGAAP net income of $13.5Â million or $1.04 per diluted share, inclusive of a gain of $30.9Â million from the partial repurchase of our 2025 convertible notes at a discountVariable marketing margin of $76.1Â millionAdjusted EBITDA of $14.5Â millionAdjusted net income per share of $0.25CHARLOTTE, N.C., May 2, 2023 /PRNewswire/ -- LendingTree,... More
