Edition:
United Kingdom

LendingTree Inc (TREE.OQ)

TREE.OQ on NASDAQ Stock Exchange Global Select Market

208.22USD
15 Oct 2018
Change (% chg)

$8.93 (+4.48%)
Prev Close
$199.29
Open
$198.90
Day's High
$209.81
Day's Low
$198.83
Volume
88,264
Avg. Vol
82,075
52-wk High
$404.40
52-wk Low
$193.00

Latest Key Developments (Source: Significant Developments)

Lendingtree Inc To Acquire Quotewizard.Com Llc
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - LendingTree Inc ::LENDINGTREE, INC. TO ACQUIRE QUOTEWIZARD.COM, LLC.LENDINGTREE INC - EQUITY PURCHASE HAS A POSSIBLE TOTAL CONSIDERATION OF $370.2 MILLION.LENDINGTREE INC - LENDINGTREE INTENDS TO FUND ACQUISITION THROUGH CASH ON HAND AND BY DRAWING ON EXISTING CREDIT AGREEMENT.LENDINGTREE INC - EQUITY PURCHASE HAS A POSSIBLE TOTAL CONSIDERATION OF $370.2 MILLION, WHICH CONSISTS OF $300 MILLION IN CASH AT CLOSING.LENDINGTREE INC - EXPECTS ACQUISITION TO BE ACCRETIVE TO 2019 ADJUSTED EARNINGS PER SHARE.LENDINGTREE INC - EQUITY PURCHASE ALSO CONSISTS OF CONTINGENT PAYMENTS OF UP TO $70.2 MILLION.  Full Article

Lendingtree Announces Agreement To Acquire Student Loan Hero
Friday, 13 Jul 2018 

July 13 (Reuters) - LendingTree Inc ::LENDINGTREE INC ANNOUNCES AGREEMENT TO ACQUIRE STUDENT LOAN HERO.LENDINGTREE INC - WILL ACQUIRE STUDENT LOAN HERO FOR A TOTAL CONSIDERATION OF $60 MILLION IN CASH TO BE PAID UPON CLOSING.LENDINGTREE - ENTERED AGREEMENT TO BUY STUDENT LOAN HERO INC, PERSONAL FINANCE WEBSITE DEDICATED TO HELPING STUDENT LOAN BORROWERS MANAGE STUDENT DEBT.  Full Article

LendingTree Sees Fy 2018 Revenue Up 27 To 30 Percent
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - LendingTree Inc ::LENDINGTREE INTRODUCES 2018 GUIDANCE AHEAD OF INVESTOR DAY.SEES FY 2018 REVENUE UP 27 TO 30 PERCENT.SEES FY 2018 REVENUE $770 MILLION TO $790 MILLION.FY2018 REVENUE VIEW $757.5 MILLION -- THOMSON REUTERS I/B/E/S.ADJUSTED EBITDA IS ANTICIPATED TO BE IN RANGE OF $145 MILLION TO $150 MILLION IN 2018.  Full Article

Lendingtree Enters Into A $250 Mln Amended And Restated Credit Facility
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Lendingtree Inc ::LENDINGTREE ENTERS INTO A $250 MILLION AMENDED AND RESTATED CREDIT FACILITY.LENDINGTREE INC - ‍ENTERED INTO AN AMENDED AND RESTATED $250 MILLION FIVE-YEAR SENIOR SECURED REVOLVING CREDIT FACILITY​.LENDINGTREE - AMENDED CREDIT FACILITY CONTAINS ACCORDION FEATURE UNDER WHICH BORROWING CAPACITY CAN BE INCREASED BY $100 MILLION OR MORE.LENDINGTREE - ‍RESTATED $250 MILLION FIVE-YEAR SENIOR SECURED REVOLVING CREDIT FACILITY WILL REPLACE LENDINGTREE'S PREVIOUS $125 MILLION CREDIT AGREEMENT​.  Full Article

Lendingtree reports Q3 adjusted earnings per share $1.17
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - LendingTree Inc :LendingTree reports record 3Q 2017 results; increasing full-year 2017 guidance.Q3 adjusted earnings per share $1.17.Q3 GAAP earnings per share $0.74 from continuing operations.Sees FY 2017 revenue up 57 to 58 percent.Q3 earnings per share view $0.96 -- Thomson Reuters I/B/E/S.LendingTree Inc - ‍Full-year 2017 revenue is anticipated to be in range of $603 - $608 million​.LendingTree Inc - ‍Full-year 2017 adjusted EBITDA is anticipated to be in range of $111 - $113 million​.FY2017 revenue view $587.4 million -- Thomson Reuters I/B/E/S.LendingTree Inc - ‍2017 variable marketing margin is anticipated to be $202 - $205 million compared to prior guidance of $190 - $195 million​.  Full Article

LendingTree announces pricing of $265 mln of convertible senior notes due 2022
Thursday, 25 May 2017 

May 25 (Reuters) - Lendingtree Inc :LendingTree announces pricing of $265 million of convertible senior notes due 2022.Says notes will bear interest at a rate of 0.625%, payable semiannually.Size of offering was increased from previously announced $200 million in aggregate principal amount.  Full Article

Match Group-owner IAC tops revenue estimates

Aug 8 Online media company IAC/InterActiveCorp's second-quarter revenue beat Wall Street expectations on Wednesday, boosted by growth in businesses, including digital home-services provider ANGI Homeservices and dating-services provider Match Group.