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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 ...
Open Lending to Announce First Quarter 2024 Results on May 7, 2024
Newsfilter· 2024-04-16 20:05
AUSTIN, Texas, April 16, 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 first quarter 2024 financial results on Tuesday, May 7, 2024 at 5:00pm ET. A press release with first quarter 2024 financial results will be issued after the market closes that same day. The conference ...
Open Lending(LPRO) - 2023 Q4 - Annual Report
2024-02-28 22:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 (Exact name of registrant as specified in its charter) | Delaware | | | 84-5 ...
Open Lending(LPRO) - 2023 Q4 - Earnings Call Transcript
2024-02-28 01:24
Open Lending Corporation (NASDAQ:LPRO) Q4 2023 Earnings Conference Call February 27, 2024 5:00 PM ET Company Participants Keith Jezek - CEO Chuck Jehl - CFO Conference Call Participants Peter Heckmann - D.A. Davidson David Scharf - JMP Securities Kyle Peterson - Needham & Company John Hecht - Jefferies Operator Good afternoon, and welcome to Open Lending's Fourth Quarter and Full Year 2023 Earnings Conference Call. As a reminder, today's conference call is being recorded. On the call today are Keith Jezek, ...
Open Lending(LPRO) - 2023 Q4 - Earnings Call Presentation
2024-02-27 22:07
Earnings Supplement Q4 and Full Year 2023 149, 201, 61 20, 83, 150 Revenue $14.9 million $26.8 million 166, 166, 166 2 FY 2023 3, 102, 170 166, 166, 166 23, 159, 221 146, 192, 219 Financial Results 146, 192, 219 20, 83, 150 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------|-------|-------|-------|-----------------------------------------------|-------|--------------------------------|-------|-----------------------------| | | | 2023 | | Three Months ...
Open Lending(LPRO) - 2023 Q4 - Annual Results
2024-02-27 21:12
Exhibit 99.1 Open Lending Reports Fourth Quarter and Full Year 2023 Financial Results AUSTIN, Texas, February 27, 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 fourth quarter and full year ended December 31, 2023. "We exceeded the high-end of our guidance range for certified loans and revenues in the fourth quarter, excluding a ne ...
Open Lending(LPRO) - 2023 Q3 - Quarterly Report
2023-11-08 13:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 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 (Exact Name of Registrant as Specified in its Charter) Delaware ...
Open Lending(LPRO) - 2023 Q3 - Earnings Call Transcript
2023-11-08 01:37
Open Lending Corporation (NASDAQ:LPRO) Q3 2023 Earnings Call November 7, 2023 5:00 PM ET Company Participants Keith A. Jezek - Chief Executive Officer Charles D. Jehl - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Genuity Vincent Caintic - Stephens Lance Jessurun - BTIG Operator Good afternoon, and welcome to Open Lending's Third Quarter 2023 Earnings Conference Call. As a reminder, today's conference call is being recorded. On the call today are Keith Jezek, CEO; and Chuck J ...