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LENDINGTREE PROVIDES PRELIMINARY SECOND QUARTER RESULTS AND REVISED 2025 GUIDANCE
Prnewswireยท 2025-07-23 20:15
Core Insights - LendingTree, Inc. reported strong financial performance with all three segments achieving double-digit year-over-year revenue growth in Q2 2025 [2] - The company anticipates continued improvement in financial performance for the second half of 2025, with Q3 forecasts exceeding previous expectations [2] - LendingTree's net leverage has significantly improved, falling to 3x by the end of Q2 2025 [2] Financial Results - Preliminary revenue for Q2 2025 is expected to be $250 million, surpassing the previous range of $241 - $248 million [5] - Variable Marketing Margin for Q2 2025 is anticipated at $83.6 million, at the high end of the prior outlook of $80 - $84 million [5] - Adjusted EBITDA for Q2 2025 is projected to be $31.8 million, exceeding the previous range of $29 - $31 million [5] Updated Financial Outlook - For Q3 2025, revenue is expected to be in the range of $273 - $281 million [5] - Variable Marketing Margin for Q3 is anticipated to be between $86 - $89 million [5] - Adjusted EBITDA for Q3 is projected to be in the range of $34 - $36 million [5] - Full-year 2025 revenue outlook has been updated to $1 billion to $1.05 billion, compared to the prior range of $955 - $995 million [5] Company Overview - LendingTree operates as a leading online financial services marketplace, providing access to various financial products through a network of over 430 partners [19] - The company aims to empower consumers to achieve financial success by offering personalized financial recommendations and innovative products [19]