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$TREE LT story intact---
LendingTree (TREE) Tops Q2 EPS by 50c, Revenues Beat; Offers 3Q Revenue Guidance
LendingTree (NASDAQ: TREE) reported Q2 EPS of $0.46, $0.50 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $184.3 million versus the consensus estimate of $175.38 million.
Results demonstrate benefits of diversification & flexible cost structure
Consolidated revenue of $184.3 million
GAAP net loss from continuing operations of $(8.6) million or $(0.66) per diluted share
Variable marketing margin of $82.5 million
Adjusted EBITDA of $30.8 million
Adjusted net income per share of $0.46