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Open Lending Corporation (LPRO)
:LPRO
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 32.90%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a company in transition, with strong steps taken towards operational efficiency and financial flexibility. However, significant declines in key financial metrics such as certified loans, profit share revenue, and net income indicate underlying challenges that need addressing. The sentiment is balanced between optimism for operational improvements and concern over financial performance.Company Guidance
During the Open Lending First Quarter 2025 Earnings Conference Call, CEO Jessica Buss outlined several key metrics and strategic priorities for the company. Open Lending reported total revenue of $24.4 million for Q1 2025, with program fee revenues of $15.2 million and profit share revenue of $6.7 million, despite a $900,000 reduction in estimated profit share revenue. The company facilitated 27,638 certified loans compared to 28,189 in Q1 2024. The balance sheet remains strong with $236 million in unrestricted cash, and the company announced a $25 million stock repurchase program. Open Lending expects total certified loans to range between 25,500 and 27,500 for Q2 2025. The company is focused on increasing profitability, reducing volatility in profit share revenue, and enhancing customer retention while maintaining operational excellence. They have also executed a 10% reduction in headcount since fiscal year-end 2024 to streamline operations. Additionally, Open Lending has been actively refining their profit share revenue model with an anticipated reduction in volatility going forward, aiming for a 65% loss ratio for current vintages compared to a booked 72.5% loss ratio.Strong Cash Position
Open Lending reported a strong balance sheet with $236 million in unrestricted cash, providing financial and operational flexibility.
New Customer Growth
Open Lending added 18 new logos in the first quarter of 2025, compared to 11 in the first quarter of 2024.
Operational Improvements
The company executed a 10% reduction in headcount while focusing on operational excellence and streamlining costs.
Stock Repurchase Program
The Board authorized a $25 million stock repurchase program, indicating confidence in the company's valuation.
Positive Steps in Business Reorientation
The company reported making positive steps towards reorienting the business to profitable growth with concrete operational plans in place.
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LPRO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LPRO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $1.55 | $1.84 | +18.71% |
Mar 31, 2025 | $2.76 | $1.17 | -57.61% |
Nov 07, 2024 | $6.75 | $5.90 | -12.59% |
Aug 08, 2024 | $5.47 | $5.50 | +0.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Open Lending Corporation (LPRO) report earnings?
Open Lending Corporation (LPRO) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Open Lending Corporation (LPRO) earnings time?
Open Lending Corporation (LPRO) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LPRO EPS forecast?
LPRO EPS forecast for the fiscal quarter 2025 (Q2) is >-0.01.
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