LendingTree, Inc. Q3 Profit Advances 100%

(RTTNews) - LendingTree, Inc. (TREE) released earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $9.82 million, or $0.79 per share. This was higher than $4.91 million, or $0.41 per share, in last year's third quarter.

The company said revenue for the quarter rose 69.0% to $69.80 million. This was up from $41.31 million last year.

LendingTree, Inc. earnings at a glance:

-Earnings (Q3): $9.82 Mln. vs. $4.91 Mln. last year. -Earnings Growth (Y-o-Y): 100% -EPS (Q3): $0.79 vs. $0.41 last year. -EPS Growth (Y-o-Y): 92.7% -Revenue (Q3): $69.80 Mln vs. $41.31 Mln last year. -Revenue Change (Y-o-Y): 69.0%

-Guidance: Next quarter revenue guidance: $68.1 - $71.1 Mln Full year revenue guidance: $244 - $247 Mln