Open Lending Q2 revenue beats expectations

Reuters
Aug 07
<a href="https://laohu8.com/S/LPRO">Open Lending</a> <a href="https://laohu8.com/S/QTWO">Q2</a> revenue beats expectations

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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