Open Lending (LPRO) reported $26.73 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 29.9%. EPS of $0.02 for the same period compares to $0.09 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $31.52 million, representing a surprise of -15.21%. The company delivered an EPS surprise of -60.00%, with the consensus EPS estimate being $0.05. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Open Lending (LPRO) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -60%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.04, delivering a surprise of -20%. Over the last four quarters, the company has n ...

财务业绩 - 公司在2024年第二季度共完成28,963笔认证贷款，相比2023年同期的34,354笔有所下降[3] - 总收入为2,670万美元，相比2023年同期的3,820万美元下降[3] - 毛利为2,101万美元，相比2023年同期的3,204万美元下降[3] - 净利润为290.2万美元，相比2023年同期的1,137.1万美元下降[3] - 调整后EBITDA为990万美元，相比2023年同期的2,070万美元下降[3] - 公司预计2024年第三季度认证贷款在25,000-28,000笔之间，收入在2,800-3,100万美元之间，调整后EBITDA在1,100-1,400万美元之间[5] 非GAAP财务指标 - 公司使用调整后EBITDA、调整后EBITDA利润率和调整后经营现金流等非GAAP财务指标来评估业绩[11] - 公司表示这些非GAAP指标提供了有用的补充信息,有助于投资者了解公司的经营业绩[11] - 2024年上半年调整后EBITDA为22,379千美元，调整后EBITDA利润率为39%[16] - 2024年第二季度调整后EBITDA为9,859千美元[16] - 2023年上半年调整后EBITDA为41,985千美元，调整后EBITDA利润率为55%[16] - 2023年第二季度调整后EBITDA为20,737千美元[16] 现金流和资本支出 - 2024年上半年调整后经营现金流为16,234千美元[17] - 2023年上半年调整后经营现金流为56,917千美元[17] - 2024年上半年资本支出为1,728千美元[17] - 2023年上半年资本支出为843千美元[17] 市场环境 - 公司表示汽车贷款环境仍面临挑战,但看到市场条件有所改善,对长期机遇保持信心[2] 财务数据 - 2024年上半年净收入为57,472千美元[16] - 2023年上半年净收入为76,515千美元[16]

AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- 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 second quarter of 2024. "For the second quarter of 2024 we were near or above the high end of our guidance range across certified loans, revenue, and Adjusted EBITDA, excluding a negative change in estimate associated with our profit share," sa ...

AUSTIN, Texas, July 22, 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 second quarter 2024 financial results on Thursday, August 8, 2024 at 5:00pm ET. A press release with second quarter 2024 financial results will be issued after the market closes that same day. The confe ...

财务数据和关键指标变化 - 第一季度认证贷款28,189笔,环比增长7% [6] - 总收入为3,070万美元,超出指导区间上限 [6] - 调整后EBITDA为1,250万美元,超出中值 [6] - 第一季度营业收入为730万美元,上年同期为1,710万美元 [25] - 第一季度净收入为510万美元,上年同期为1,250万美元 [25] - 每股基本和稀释净收益为0.04美元,上年同期为0.10美元 [25] - 调整后EBITDA为1,250万美元,上年同期为2,120万美元 [26] 各条业务线数据和关键指标变化 - 新认证贷款的利润分成收入为1,500万美元,平均每笔贷款533美元,上年同期为1,790万美元,平均每笔552美元 [23] - 累计确认的利润分成收入约3.95亿美元,涉及40多万笔有效贷款 [24] - 自2019年1月ASC 606实施以来,累计利润分成变动调整为正4.4百万美元 [24] 各个市场数据和关键指标变化 - 新车和二手车零售年度销量预计将分别同比增长1.6%和3.2% [7] - 新车库存增加47%,二手车库存增加8% [7] - 曼海姆二手车价格指数预计将下降0.7% [8] - 2024年全年新车销量预计为1,570万辆,二手车销量预计为3,660万辆,均较疫情前水平低约10% [9] - 信用社存贷比维持在85%左右的高位,存款增长率从第四季度的1.99%提升至2.7% [10] 公司战略和发展方向及行业竞争 - 优化信用社和OEM业务,提升服务质量和效率 [11] - 拓展银行和金融公司市场,已组建专门团队并建立了丰富的机会管线 [18][19] - 推出新的Lenders Protection评分卡,提高风险预测能力,优化定价和承保 [13][14][16][17] - 与保险公司合作,共同优化承保策略和定价 [17] 管理层对经营环境和未来前景的评论 - 汽车行业指标有所改善,但仍未完全恢复至疫情前水平 [7][8][9] - 信用社贷款能力有所改善,但仍受到存贷比高位的限制 [10] - 公司有充足的现金流和财务灵活性,可以进行针对性投资以加速收入增长 [29] - 对长期发展前景保持乐观,将继续优化盈利能力 [20] 问答环节重要的提问和回答 问题1 **Joseph Vafi 提问** 询问第一季度业绩环比改善的原因,是否与税季等因素有关 [30][31] **Chuck Jehl 回答** 第一季度通常是公司最好的季度,主要受益于税季带来的需求增加 [31] 问题2 **Kyle Peterson 提问** 询问公司在本季度采取的信用收紧措施的具体情况 [37][38][39] **Chuck Jehl 回答** 公司在第四季度推出了新的评分卡,并在本季度进一步提高了评分下限,约减少5%的贷款量。同时还通过提高保费等方式控制风险 [38][39] 问题3 **Zachary Oster 提问** 询问下一季度及未来几个季度的利润分成收入情况 [45][46] **Chuck Jehl 回答** 公司在本季度的利润分成收入为每笔贷款约530美元,并假设未来的违约率在62%左右,预计未来几个季度利润分成收入将维持在500-550美元/笔的水平 [46]

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 March 31, 2024 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) 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) 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 ...

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 ...