Key Developments: LendingTree Inc (TREE.O)

TREE.O on Nasdaq

74.99USD
2 Jul 2015
Change (% chg)

$-3.19 (-4.08%)
Prev Close
$78.18
Open
$78.22
Day's High
$78.27
Day's Low
$74.49
Volume
263,470
Avg. Vol
175,289
52-wk High
$78.78
52-wk Low
$24.61

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Latest Key Developments (Source: Significant Developments)

Tree.Com Inc Raises FY 2013 Revenue Guidance; Issues Q3 2013 Guidance Below Analysts' Estimates
Tuesday, 13 Aug 2013 04:01pm EDT 

Tree.Com Inc announced that for fiscal 2013, it expects increasing its top line guidance. Revenue is now anticipated to grow 64% - 70% over fiscal 2012 revenue reported on a GAAP basis and 38% - 43% over fiscal 2012 adjusted exchanges revenue. For the third quarter of 2013, it expects revenue to be 37%-50% over third quarter of 2012. Adjusted EBITDA is anticipated to be $4.0 - $5.0 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $115 million for fiscal 2013; revenues of $30 million and EBITDA of $5.7 million for the third quarter of 2013.  Full Article

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