LendingTree Anticipates Q2 Revenue To Be Above Previously Forecasted Range Of $175M - $190M, Est $184.5M
Portfolio Pulse from Benzinga Newsdesk
LendingTree anticipates Q2 revenue to exceed the previously forecasted range of $175M - $190M, with an estimate of $184.5M. The company also reiterated its second quarter variable marketing margin and adjusted EBITDA outlook of $70 - $76 million and $22 – $26 million, respectively.
June 18, 2024 | 9:34 pm
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LendingTree anticipates Q2 revenue to exceed the previously forecasted range, with an estimate of $184.5M. The company also reiterated its second quarter variable marketing margin and adjusted EBITDA outlook.
The anticipation of higher-than-expected Q2 revenue is a positive indicator for LendingTree's financial performance. Reiterating the variable marketing margin and adjusted EBITDA outlook further solidifies investor confidence.
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