A year of profit growth for LendingTree

Released  January 2, 2019
By Megan Greuling

LendingTree Inc. (NASDAQ:TREE) on Wednesday reported net income of $15.6 million, or $1.30 per diluted share, for the fourth quarter, swinging from a loss of $200,000, or 2 cents per share, in the same period a year earlier. Revenue totaled $43.9 million in the latest period, up from $36.4 million a year ago.