LPRO - Open Lending Corporation EPS in-line beats on revenue
Open Lending Corporation (LPRO): Q4 GAAP EPS of $0.12 in-line.Revenue of $39.63M (+52.0% Y/Y) beats by $5.6M.The Company facilitated 26,822 certified loans during the fourth quarter of 2020, compared to 22,559 certified loans in the fourth quarter of 2019.Adjusted EBITDA was $24.8 million, compared to $18.1 million in the fourth quarter of 2019.2021 Outlook: Total Certified Loans 161,000 - 206,000; Total Revenue $184 - 234 million; Adjusted EBITDA $125 - 168 million; Adjusted Operating Cash Flow $81 - 111 million.Shares +8.25% AH.Press Release
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Open Lending Corporation EPS in-line, beats on revenue