Open Lending(LPRO)

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Open Lending (LPRO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-08 23:01
Open Lending (LPRO) reported $26.73 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 29.9%. EPS of $0.02 for the same period compares to $0.09 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $31.52 million, representing a surprise of -15.21%. The company delivered an EPS surprise of -60.00%, with the consensus EPS estimate being $0.05. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...
Open Lending (LPRO) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-08 22:46
Open Lending (LPRO) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -60%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.04, delivering a surprise of -20%. Over the last four quarters, the company has n ...
Open Lending(LPRO) - 2024 Q2 - Quarterly Results
2024-08-08 20:24
Exhibit 99.1 Total Certified Loans 25,000 - 28,000 Total Revenue $28 - $31 million Adjusted EBITDA $11 - $14 million OpenLending Open Lending Reports Second Quarter 2024 Financial Results AUSTIN, Texas, August 8, 2024 – Open Lending Corporation (Nasdaq: LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its second quarter of 2024. "For the second quarter of 2024 we were near or a ...
Open Lending Reports Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-08 20:21
AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its second quarter of 2024. "For the second quarter of 2024 we were near or above the high end of our guidance range across certified loans, revenue, and Adjusted EBITDA, excluding a negative change in estimate associated with our profit share," sa ...
Open Lending to Announce Second Quarter 2024 Results on August 8, 2024
GlobeNewswire News Room· 2024-07-22 12:30
AUSTIN, Texas, July 22, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) ("Open Lending" or "the Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss second quarter 2024 financial results on Thursday, August 8, 2024 at 5:00pm ET. A press release with second quarter 2024 financial results will be issued after the market closes that same day. About Ope ...
Open Lending(LPRO) - 2024 Q1 - Earnings Call Transcript
2024-05-11 17:08
Open Lending Corporation (NASDAQ:LPRO) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Chuck Jehl - Chief Financial Officer and Interim Chief Executive Officer Cecilia Camarillo - Chief Accounting Officer Conference Call Participants Joseph Vafi - Canaccord Kyle Peterson - Needham Zachary Oster - Citizens JMP Operator Good afternoon and welcome to Open Lending’s First Quarter 2024 Earnings Conference Call. As a reminder, today’s conference call is being recorded. On the call tod ...
Open Lending(LPRO) - 2024 Q1 - Quarterly Report
2024-05-08 20:03
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number: 001-39326 OPEN LENDING CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) (Exact Name of Registrant as Specified in its Charter) Delaware 84-5 ...
Open Lending (LPRO) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-08 00:01
Open Lending (LPRO) reported $30.75 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 19.9%. EPS of $0.04 for the same period compares to $0.10 a year ago.The reported revenue represents a surprise of +7.68% over the Zacks Consensus Estimate of $28.55 million. With the consensus EPS estimate being $0.05, the EPS surprise was -20.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Open Lending (LPRO) Lags Q1 Earnings Estimates
Zacks Investment Research· 2024-05-07 22:36
Open Lending (LPRO) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced a loss of $0.04, delivering a surprise of -180%.Over the last four quarters, the company has not ...
Open Lending(LPRO) - 2024 Q1 - Quarterly Results
2024-05-07 20:08
Exhibit 99.1 Open Lending Reports First Quarter 2024 Financial Results AUSTIN, Texas, May 7, 2024 – Open Lending Corporation (Nasdaq: LPRO) (the "Company" or "Open Lending"), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today reported financial results for its first quarter of 2024. "I am pleased to report that in the first quarter of 2024, we exceeded the high end of our guidance for both certified loans and revenue and exceeded the mid-point for Ad ...