SAN DIEGO, May 01, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Open Lending Corporation (NASDAQ: LPRO) securities between February 24, 2022 and March 31, 2025, inclusive (the “Class Period”), have until June 30, 2025 to seek appointment as lead plaintiff of the Open Lending class action lawsuit. Captioned Bradley v. Open Lending Corporation, No. 25-cv-00650 (W.D. Tex.), the Open Lending class action lawsuit charges Open Lending and certain of Open Lend ...

Group 1 - The article introduces Paul Manning as a new contributing analyst for Seeking Alpha, encouraging others to share investment ideas for publication [1] - The focus is on value investing, emphasizing the importance of buying businesses below their intrinsic value with a margin of safety [2] - The analyst expresses a contrarian approach, suggesting that the best investment opportunities often lie in unpopular companies or industries [2] Group 2 - The analyst has a beneficial long position in LPRO shares, indicating a personal investment interest in the company [3] - The article clarifies that the opinions expressed are personal and not influenced by any business relationships with mentioned companies [3] - Seeking Alpha emphasizes that past performance does not guarantee future results and that the views expressed may not reflect the platform's overall stance [4]

NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Open Lending Corp. (“Open Lending” or the “Company”) (NASDAQ: LPRO).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Open Lending and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] O ...

AUSTIN, Texas, April 23, 2025 (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 plans to issue a press release containing results for the first quarter 2025 after the market closes on Wednesday, May 7, 2025. The Company plans to host a conference call to discuss these results on Wednesday, May 7, 2025, at 5:00 PM ET. T ...

Core Insights - Pomerantz LLP is investigating claims on behalf of investors of Open Lending Corp regarding potential securities fraud or unlawful business practices [1][3] Financial Performance - On March 17, 2025, Open Lending announced a delay in filing its annual report and postponed its Q4 and full-year 2024 earnings release, leading to a stock price drop of $0.82 per share, or 19.03%, closing at $3.49 per share on March 18, 2025 [3] - Following the filing of its annual report on March 31, 2025, Open Lending disclosed a larger-than-expected Q4 2024 net loss, attributed to a valuation allowance on deferred tax assets, resulting in a stock price decline of $1.59 per share, or 57.61%, closing at $1.17 per share on April 1, 2025 [4]

Core Viewpoint - Open Lending Corporation is under investigation for potential violations of federal securities laws and unlawful business practices following significant financial disclosures and a sharp decline in stock price [1][3][4]. Financial Performance - Open Lending announced it would delay its 2024 Annual Report due to the need for additional time to finalize accounting related to profit share revenue, leading to a share price drop from $4.31 to $3.91 [3]. - The company reported a negative quarterly revenue of $56.9 million, attributed to an $81.3 million reduction in estimated profit share revenues due to increased delinquencies and defaults on loans from 2021 to 2024 [4]. - Open Lending also disclosed a net loss of $144 million, which included an $86.1 million valuation allowance on deferred tax assets, increasing income tax expenses [4]. - Following the financial results announcement, the share price plummeted approximately 57%, from $2.76 to $1.17 [4].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Significant Losses In Open Lending To Contact Him Directly To Discuss Their Options If you suffered significant losses in Open Lending stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, ...

For the quarter ended December 2024, Open Lending (LPRO) reported revenue of $24.4 million, up 63.3% over the same period last year. EPS came in at -$0.49, compared to -$0.04 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $27.19 million, representing a surprise of -10.27%. The company delivered an EPS surprise of -2550.00%, with the consensus EPS estimate being $0.02.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

LOS ANGELES, April 2, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Open Lending Corporation ("Open Lending" or "the Company") (NASDAQ: LPRO) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Open Lending released its Q4 and full year 2024 financial results on ...

Anyone who purchased Open Lending Corp. common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more. What is Block & Leviton doing? BOSTON, April 01, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Open Lending Corp. (NASDAQ:LPRO) for potential securities law violations. Investors who have lost money in their Open Lending Corp. investment should contact the firm to learn more about how they migh ...