LPRO - These Analysts Cut Their Forecasts On Open Lending After Q3 Results | Benzinga
Open Lending Corporation (NASDAQ: LPRO) reported downbeat sales for the third quarter on Tuesday.
Open Lending posted GAAP earnings of 2 cents per share, compared to estimates of 7 cents per share. The company’s quarterly sales came in at $26.01 million, missing expectations of $32.62 million.
Open Lending said it sees fourth-quarter revenue of $25 million to $29 million, versus estimates of $36.02 million.
Open Lending shares fell 10.7% to trade at $5.90 on ...