LendingTree, Inc. Q1 Earnings Climb 34%

(RTTNews) - LendingTree, Inc. (TREE) released a profit for its first quarter that advanced from last year.

The company said its bottom line totaled $11.5 million, or $0.85 per share. This was higher than $8.6 million, or $0.67 per share, in last year's first quarter.

The company said revenue for the quarter rose 39.9% to $132.5 million. This was up from $94.7 million last year.

LendingTree, Inc. earnings at a glance:

-Earnings (Q1): $11.5 Mln. vs. $8.6 Mln. last year. -Earnings Growth (Y-o-Y): 33.7% -EPS (Q1): $0.85 vs. $0.67 last year. -EPS Growth (Y-o-Y): 26.9% -Revenue (Q1): $132.5 Mln vs. $94.7 Mln last year. -Revenue Change (Y-o-Y): 39.9%

-Guidance: Next quarter revenue guidance: $133 - $137 Mln Full year revenue guidance: $535 - $545 Mln