LendingTree, Inc. Earnings Climb 15% In Q2

(RTTNews) - LendingTree, Inc. (TREE) announced a profit for its second quarter that gained ground from last year.

The company said its bottom line came in at $12.18 million, or $0.90 per share. This was up from $10.55 million, or $0.83 per share, in last year's second quarter.

The company said revenue for the quarter rose 62.0% to $152.77 million. This was up from $94.29 million last year.

LendingTree, Inc. earnings at a glance:

-Earnings (Q2): $12.18 Mln. vs. $10.55 Mln. last year. -Earnings Growth (Y-o-Y): 15.5% -EPS (Q2): $0.90 vs. $0.83 last year. -EPS Growth (Y-o-Y): 8.4% -Revenue (Q2): $152.77 Mln vs. $94.29 Mln last year. -Revenue Change (Y-o-Y): 62.0%

-Guidance: Next quarter revenue guidance: $155 - $160 Mln Full year revenue guidance: $535 - $545 Mln