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LPRO - Open Lending Corporation reports Q3 earnings beat; modifies FY22 outlook
Open Lending Corporation
Open Lending Corporation press release ( NASDAQ: LPRO ): Q3 GAAP EPS of $0.19 beats by $0.04 .
Revenue of $50.7M (-13.9% Y/Y) beats by $6.3M .
Adjusted EBITDA was $29.4M during the third quarter of 2022, compared to $42.1M in the third quarter of 2021.
2022 Outlook : Total Revenue of $180 - 190 million vs. consensus of $190.34M; Adjusted EBITDA of $112 - 122 million; Adjusted Operating Cash Flows of $130 - 145 million; Total Certified Loans of 160,000 - 170,000