Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: tennjed33 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 188  
Subject: Results Date: 7/22/2003 6:09 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
LendingTree swings to profit, raises outlook
http://biz.yahoo.com/rc/030722/financial_lendingtree_earns_1.html


LendingTree Inc. (NasdaqNM:TREE - News), the Internet-based loan provider being bought by Barry Diller's InterActiveCorp (NasdaqNM:IACI - News), on Tuesday said it swung to a second-quarter profit, as consumer loan requests nearly doubled.

The Charlotte, North Carolina-based company reported net income of $7.6 million, or 25 cents per share, compared with a loss of $1.1 million, or 5 cents per share, a year earlier.

LendingTree also said it increased its full-year profit target by more than 20 percent, and its full-year revenue target by about 10 percent.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Online Mortgage Center
Find the best mortgage for your needs.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement