/PRNewswire/ LendingTree, Inc. (NASDAQ: TREE), the nation s leading online financial services marketplace, today announced revised guidance for the current.
Online loan marketplace LendingTree saw its stock jump after it defied headwinds to meet projections in its Q1 earnings report yesterday, even as the broader refinance and mortgage markets have been weighed down by inflation and rising interest rates.
LendingTree Inc., citing “rapidly increasing interest rates and persistent inflationary headwinds,” today reported a net loss from continuing operations in the first quarter of 2022, even while noting improvement across its business units. The Charlotte, N.C.-based online financial services marketplace reported a net loss from continuing operations of $10.8 million, compared to a $48.4 million profit in the fourth quarter of 2021 and a $19.3 million profit in the first quarter of last year.
/PRNewswire/ LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation s leading online financial services marketplace, today announced.
/PRNewswire/ LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation s leading online financial services marketplace, today announced it.