Open Lending: Q1 Earnings Insights

Open Lending LPRO reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Open Lending beat estimated earnings by 66.67%, reporting an EPS of $0.1 versus an estimate of $0.06.

Revenue was down $11.71 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.13 which was followed by a 23.24% drop in the share price the next day.

Here's a look at Open Lending's past performance:

To track all earnings releases for Open Lending visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.