Overview
Open Lending Q2 revenue of $25.3 mln beats analyst expectations, per LSEG data
Adjusted EBITDA for Q2 misses analyst estimates, indicating operational challenges
Company repurchased 1.97 mln shares under share repurchase program
Outlook
Company expects Q3 certified loans between 22,500 and 24,500
Result Drivers
CERTIFIED LOANS DECLINE - Facilitated 26,522 certified loans in Q2 2025, down from 28,963 in Q2 2024
PROFIT SHARE REVENUES - Increase of $0.3 mln in estimated profit share revenues from historic vintages, compared to a $6.7 mln reduction in Q2 2024
AMTRUST RELATIONSHIP - Early extension of partnership with AmTrust, largest insurance provider, supporting strategic goals
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $25.30 mln | $23.80 mln (7 Analysts) |
Q2 Net Income | $1 mln | ||
Q2 Adjusted EBITDA | Miss | $4.10 mln | $6.01 mln (6 Analysts) |
Q2 Gross Profit | $19.80 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the professional information services peer group is "buy"
Wall Street's median 12-month price target for Open Lending Corp is $2.50, about 15.2% above its August 5 closing price of $2.12
The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 16 three months ago
Press Release: ID:nGNX8S84xr
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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