Lendingtree Inc ( (TREE) ) has released its Q4 earnings. Here is a breakdown of the information Lendingtree Inc presented to its investors.
LendingTree, Inc. is a leading online financial services marketplace that connects consumers with lenders and financial institutions, offering a wide range of financial products including loans, credit cards, and insurance. The company operates primarily in the financial technology sector and is known for its extensive network of financial partners.
In its fourth-quarter 2024 earnings report, LendingTree, Inc. announced impressive results, surpassing its own guidance expectations. The company reported consolidated revenue of $261.5 million and a GAAP net income of $7.5 million, driven by significant growth across all three of its business segments: Insurance, Home, and Consumer.
Key highlights from the report include a remarkable 188% year-over-year revenue growth in the Insurance segment, which contributed significantly to the company’s overall performance. The Home segment saw a 35% increase in revenue, while the Consumer segment experienced a 12% growth. LendingTree also reported an adjusted EBITDA of $32.2 million, reflecting a 108% increase from the previous year, and an adjusted net income per share of $1.16, marking a 314% rise.
Looking ahead, LendingTree’s management anticipates continued revenue growth across all segments in 2025, with a focus on maintaining operational excellence and expense discipline. The company forecasts a full-year revenue increase of 9% to 14% and expects to improve its leverage profile, aiming for scalable revenue growth and enhanced shareholder value.
Overall, LendingTree’s strong financial performance and strategic focus position it well for sustained growth in the coming year, as it continues to leverage its diversified business model and extensive partner network.